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Bharcap Partners Acquires Red Oak Inventory Finance

Mar 22, 2024over 1 year ago

Acquiring Company

BharCap Partners

Acquired Company

Red Oak Inventory Finance

GreenwichAlpharettaBankingFinanceFinancial ServicesFintechFinancial Services

Description

BharCap Partners, LLC ("BharCap"), a Greenwich, CT based private investment firm focused on the financial services sector, announces the successful carve-out and acquisition of Red Oak Inventory Finance ("Red Oak" or the "Company"), a commercial lender dedicated to delivering floorplan finance solutions to manufacturers and dealers across diverse asset classes, from ECN Capital (TSX: ECN).

Company Information

Company

BharCap Partners

Location

Greenwich, Connecticut, United States

About

BharCap Partners, LLC is a Greenwich, CT based private investment firm focused on the financial services sector. It manages over $2.2 billion of capital across 11 investments since inception, with a focus on businesses across the financial services industry including insurance distribution and insurance services; asset and wealth management; financial technology and tech-enabled business services.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed