New York-based investment firm BasePoint Capital LLC has finalized its acquisition of International Personal Finance (IPF), the parent company of the non-bank consumer lender Provident Financial Romania. The transaction marks a change in ownership for IPF, transitioning the entity from its previous status to a privately held company under BasePoint Capital.
Provident Financial Romania remains a key player in the local non-bank consumer lending sector. This acquisition integrates the firm into BasePoint Capital’s portfolio, signaling a shift in the corporate structure of the lending group.
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