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Kelly Price

The Perfect Complement: Inside the Portfolio/NAE Acquisition

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 Closes Acquisition of NAE/NWAN

Creates premier F&I provider with significant growth potential and operating synergies.

F&I Providers Relief Fund Announces Board Members, $1 Million Fundraising Goal

The upstart charity, F&I Providers Relief Fund for F&I Managers, has announced its 7-member board of directors and a $1 million fundraising goal to help professionals in the F&I industry facing hard times.

Providers and Administrators Unite to Help F&I

When Tony Wanderon of National Auto Care decided to launch a relief fund for F&I professionals, it was a personal thank you to all that F&I professionals have done to take care of providers in the past.

Portfolio to Acquire NAE/NWAN

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.

Childers to Lead NAE/NWAN Business Development Team

National Automotive Experts and NWAN’s Cliff Childers has been promoted from account executive to national business development manager.

NAE/NWAN Adds 30- to 90-Day Vehicle Return Program

National Automotive Experts and NWAN have launched Money Back Guarantee, a vehicle return program billed as the industry’s longest with coverage up to 90 days.

NAE/NWAN Earns Third Consecutive Workplace Award

National Automotive Experts/NWAN is ranked among Northeast Ohio’s 99 best places to work for the third straight year.

NAE/NWAN Adds Lamnin, Taitz to Board of Advisors

Former Assurant executive Adam Lamnin and Ely Capital CEO Hope Taitz have joined National Automotive Experts and NWAN’s board of advisors.

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NAE Appoints Grigorian as CFO

National Automotive Experts and NWAN named former Ford and CarSaver executive Grant Grigorian as the F&I product provider and administrator’s new chief financial officer.