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Dealers ranked Portfolio No. 1 for Service Contract Reinsurance and No. 2 for Appearance Protection Products (Chemical) in the 2021 Dealers’ Choice Awards.
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National Automotive Experts and NWAN founder Kelly Price has been appointed executive vice president of strategic ventures at Portfolio and joined the company’s board of directors.
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In late June, Portfolio officially acquired National Automotive Experts and NWAN. The companies’ executives spoke to P&A about what led them to join forces, the changing world of F&I and why this match was the right move for both companies, their agents and dealers.
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Portfolio earned a 13th consecutive top ranking in the Dealers’ Choice Awards, winning Platinum in the Service Contract Reinsurance category.
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Creates premier F&I provider with significant growth potential and operating synergies.
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Executives say F&I product providers and administrators are playing a critical role in keeping agents, dealers and consumers in business and on the road while joining the fight against the global pandemic.
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Portfolio Holding Inc. has agreed to acquire National Automotive Experts/NWAN, an F&I products provider and administrator. The acquisition will unite two F&I industry leaders.
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The Dallas office of Portfolio has been listed among the Best Companies to Work for in Texas for the fourth consecutive year.
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Private equity firm Abry Partners has agreed to acquire F&I products and reinsurance programs provider Portfolio from Capital Z Partners.
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Auto dealers ranked Portfolio first in the Service Contract Reinsurance category in this year’s DCAs, the company’s 12th consecutive top three ranking.
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