Colonnade Securities Advises OpenRoad Lending on its sale to Clarion Capital Partners
FORT WORTH, Texas, Sept. 15, 2021 /PRNewswire/ -- OpenRoad Lending and Clarion Capital Partners announced that Clarion has completed a strategic investment in OpenRoad, the fast-growing direct-to-consumer auto finance company.
- FORT WORTH, Texas, Sept. 15, 2021 /PRNewswire/ -- OpenRoad Lending and Clarion Capital Partners announced that Clarion has completed a strategic investment in OpenRoad, the fast-growing direct-to-consumer auto finance company.
- In addition, OpenRoad offers value-add vehicle protection products such as GAP, vehicle service contracts and paintless dent repair.
- On the transaction, Colonnade Securities LLC served as exclusive financial advisor to OpenRoad.
- Clarion Capital Partners is a New York based private equity firm that focuses on making equity investments in lower middle market growth companies.