Pine Brook Partners Buys United PanAm Financial

United PanAm Financial Corp. has agreed to be acquired by buyout shop Pine Brook Road Partners and an entity controlled by United PanAm’s chairman, Guillermo Bron. Under the terms of the deal, valued at approximately $110 million, Pine Brook Road will pay $7.05 per share, which represents a 41% premium over the company’s December 27 closing price. The deal is expected to close in the first quarter of 2011. United PanAm Financial is a specialty automobile finance company.

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