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.
Creates premier F&I provider with significant growth potential and operating synergies.
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.
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 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.
National Automotive Experts and NWAN’s Cliff Childers has been promoted from account executive to national business development manager.
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.
National Automotive Experts/NWAN is ranked among Northeast Ohio’s 99 best places to work for the third straight year.
Former Assurant executive Adam Lamnin and Ely Capital CEO Hope Taitz have joined National Automotive Experts and NWAN’s board of advisors.
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.
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