Save . Its not just giving a handout. Click to reveal We will be utilizing the proceeds from this equity issuance along with our warehouse credit facility and the term securitization market to fund what we expect to be strong growth in our portfolio over the next several years. First Investors Contact: Bennie H. DuckTelephone: (713) 273-5116, Gallatin Point Contact: Bridget ColeTelephone (203) 742-0209, JAM Contact: Ryan ZachariaTelephone (212) 271-5126, View original content:http://www.prnewswire.com/news-releases/fifs-holdings-corp-and-first-investors-financial-services-group-announces-closing-of-merger-301201063.html, Plus500. /PRNewswire/ -- First Investors Financial Services Group, Inc. (Pink Sheets: FIFS) announced today that it had named industry veteran David L. Satterfield to. Stellantis is the only major OEM currently operating in the U.S. without a captive auto finance company. Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. Golf's Greatest Holes: Golfing legend Paul McGinley takes television presenter Chris Hollins on a tour of the best golf courses in Ireland and Northern Ireland. FIRST INVESTORS Tommy MOORE +1 713 273 5114 tommy.moore@fifsg.com Bennie DUCK +1 713 273 5116 bennie.duck@fifsg.com Downloads Press Release September 1, 2021 Stellantis to Acquire First Investors Financial Services Group as Key Step to Developing a Captive Financial Services Business in U.S. Market I just thought it was going to be a sideline business. The Company is an auto finance company engaged in originating and holding for investment automobile finance receivables and promissory notes originated by franchised automobile dealers or through refinancing transactions with the vehicle owners. This is not about an individual. Its a pretty exciting industry. Furthermore, Moore is greatly involved with Houston-area Goodwill, a non-profit organization strives to enhance the dignity and quality of life of individuals and families by helping people reach their full potential through education, skills training and the power of work. Tommy Moore, Jr., President and CEO of First Investors, noted: "We are excited to close the merger transaction which will allow the management team to resume its strategy of prudently growing organic originations in business segments that provide us with attractive risk-adjusted returns while strategically looking for opportunities to expand our lending partnerships, pursue portfolio acquisition opportunities, and establish third-party servicing relationships. Based on our data team's research, Thomas A Moore Jr "Tommy" is the First Investors Financial Services Group, Inc.'s CEO. We have recently begun expanding our sales staff to support the expansion of our market presence and dealer base, and are looking forward to what we believe will be an exciting fiscal 2012.". The Company is a consumer finance company engaged in originating and holding for investment automobile finance receivables and promissory notes originated by franchised automobile dealers or through refinancing transactions with the vehicle owners. HOUSTON, May 13, 2011 /PRNewswire/ -- First Investors Financial Services Group, Inc. (Pink Sheets: FIFS) announced today that it had entered into a definitive binding agreement with certain accredited investors to sell 1,666,667 shares of common stock to the investors at $7.50 per share. Found 52 colleagues at First Investors Financial Services Group, Inc.. The Transaction is expected to close by the end of 2021, subject to customary closing conditions and regulatory approvals. Prior to joining First Investors, Mr. Fath served as Manager, General Accounting for The W.A. Now nearly 30 years later, First Investors Financial Services is a well-established auto finance company specializing in non-prime originations and servicing; a company that Moore calls, virtually my child.. Our mission is to sustain a long-term business model that will reward our employees, shareholders, customers, vendors and community. Tommy A. Moore, Jr., President and CEO stated, "First Investors is pleased to have reached an agreement with our investors to purchase $12.5 million in common stock. Gallatin Point aims to form highly collaborative partnerships with its investors and with management teams of its portfolio companies, seeking to combine the right capital with the right managerial competencies in order to maximize the outcome for all stakeholders. Its life-changing through the power of work. Overview. We specialize in helping people with auto financing. Further information concerning Stellantis and its businesses, including factors that could materially affect Stellantis financial results, is included in Stellantis reports and filings with the U.S. Securities and Exchange Commission, AFM, and CONSOB. Performance & security by Cloudflare. This is truly about the team. I like to fly under the radar screen.. In addition to the Groups rich heritage and broad geographic presence, its greatest strengths lie in its sustainable performance, depth of experience and the wide-ranging talents of employees working around the globe. Moore formed First Investors Financial Services back in 1988 to serve the special finance needs of dealers and consumers. Founded in 1995, Jacobs Asset Management ("JAM") manages a long/short equity hedge fund and several other vehicles that seek to make long-term, high-return investments exclusively in financial services businesses. Summary. +1 713 273 5114
The subprime auto industry continues to perform extremely well, especially given the long run of growth since the end of the recession, and Tommys contributions over the years are certainly a leading reason why we continue to experience a robust industry, and also why his customers have such a high level of satisfaction year after year.. This website is using a security service to protect itself from online attacks. buncombe county commissioner jasmine beach-ferrara. The Company undertakes no obligation to revise or update publicly any such forward-looking statements for any reason. He was previously employed for 11 years at CitiFinancial Auto where he served as Senior Vice President, Director of Strategic Business Group and at Auto One Acceptance Corporation, which was acquired by CitiFinancial, as Executive Vice President and Chief Credit Officer. Carlos Tavares, CEO of Stellantis, said: This transaction marks a significant milestone in Stellantis sales finance strategy in the critical U.S. market. Im pretty humbled by it, Moore said. But thats who I am. Your session is about to expire. bennie.duck@fifsg.com. One is exercise. This company was incorporated about twenty-seven years, ago in August of 1995. And now the industry is praising Moore, as well, as he was named this years winner of the annual Subprime Auto Finance Executive of the Year Award, which is again sponsored by Black Book Lender Solutions. The action you just performed triggered the security solution. Stellantis closes previously announced acquisition of First Investors Financial Servicing Group. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The second closing is expected to occur in November, 2011 and will cover the remaining 1,000,000 shares for gross proceeds of $7.5 million. The action you just performed triggered the security solution. Tommy A. Moore, Jr. President and CEO Blaise G. Rodon Senior Vice President - Co-Chief Operating Officer Perry A. Sexton Senior Vice President - Chief Information Officer Ryan S. Miller Senior Vice President and Chief Digital Officer Bennie H. Duck Executive Vice President and Chief Financial Officer David L. Satterfield The Company is headquartered in Houston, Texas and has been in business for 32 years.
Any forward-looking statements contained in this communication speak only as of the date of this document and Stellantis disclaims any obligation to update or revise publicly forward-looking statements. valerie.gillot@stellantis.com, Kevin FRAZIER
At Stellantis Financial Services US, Tommy Moore has 11 colleagues including Blaise Rodon (Co-COO), Perry Sexton (CIO) Industry Colleagues In the Financial Services industry, Tommy Moore has 46,020 colleagues in 3,484 companies located in 106 countries. Bloomberg Daybreak Middle East. Kalfus will hand Moore his award during Auto Fin Con at Used Car Week. Ill be somewhat embarrassed when its announced publicly. 64.111.109.93 The Company also purchases receivables through portfolio acquisitions or from third party originators and performs third-party loan servicing for unaffiliated clients. Your IP: Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. Cloudflare Ray ID: 7a17622d2a340dc7 Tommy Moore, Jr., President and CEO of First Investors, noted: "We are excited to close the merger transaction which will allow the management team to resume its strategy of prudently growing . Stellantis Financial Services, Inc. d/b/a First Investors Financial Services is NMLS-128351 and the consumer access link may be accessed at the following web site: http://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/128351, Over 500 thousand customers financed (and counting), Always willing to work with customers - solving any financial issues that may arise, We are flexible - offering multiple payment options, Customer Service Agents ready to answer your questions. I can say Ive not worked much my entire life because if you find something you love to do, you never work another day in your life. Tommy Moore Active Houston, TX President for First Investors Servicing Corporation Overview 14 Companies 62 Connections 5 Locations Contribute Follow Tommy Moore Overview Tommy Moore has been associated with fourteen companies, according to public records. Duck is responsible for all treasury, accounting, human resource, information technology, regulatory compliance and risk management activities of the organization. We are very excited to partner with its strong management team to accelerate growth opportunities and enhance First Investors' capacity to deliver value to its customers. Live from Dubai, connecting Asian markets to the European opens. You can email the site owner to let them know you were blocked. First Investors helps people with credit issues get an auto loan. Moore reiterated many times how the success First Investors Financial Services has posted stems from its workforce. Cloudflare Ray ID: 7a1762029ea732e8 First Investors has an outstanding financial and operational platform, underpinned by a strong management team, with vast experience in the auto finance space. This person is appointed in First Investors Financial Services, Inc. Of Texas (Fn) as a PRESIDENT/CEO. Prior to joining the Company, he was employed by General Electric Capital Corporation for 17 years in a variety of collection management roles overseeing GEs third-party collection agencies, legal recovery units and call centers. AMSTERDAM - Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (Stellantis)today announced it has entered into a definitive agreement to acquire F1 Holdings Corp., parent company to First Investors Financial Services Group (First Investors, or the Company), a leading independent auto finance company in the United States of America, in an all cash transaction for approximately $285 million, subject to adjustments for closing balance sheet and certain outstanding options (the Transaction) from an investor group led by Gallatin Point Capital LLC (Gallatin Point) and including affiliates of Jacobs Asset Management, LLC. Im very committed to Goodwill and helping people with a helping hand. Wells Fargo Securities LLC served as exclusive financial advisor and Goodwin Procter LLP acted as legal advisor to Gallatin Point and the investor group. Prior to joining First Investors, Mr. Berend was the SVP and Director of U.S. Such forward-looking statements may often be, but are not always, identified by the use of such words such as "intends", "anticipates", or "proposes, or by statements that certain actions, events or results "may" or "will" be taken, occur or be achieved, and may include statements about future operations and the anticipated timing for any proposed actions. Stellantis Financial Services, Inc. d/b/a First Investors Financial Services is NMLS-128351 and the consumer access link may be accessed at the following web site: http://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/128351. Moore will have to have a hand out at least for a few moments when he is given the Subprime Auto Finance Executive of the Year Award during Used Car Week, which starts on Nov. 13 in Palm Springs, Calif. Moore joins past recipients, who include Bill Jensen of Chase Auto Finance, Ian Anderson ofWestlake Financial Services, Dan Ulatowski of Credit Acceptance and Ozzie Ramos of National Auto Lenders. Mr. Satterfield joined First Investors in April 2011 in his current capacity. We believe that there are significant untapped growth opportunities for First Investors under Stellantis ownership as we expand our product suite to . Cloudflare Ray ID: 7a1762394eeae12f Stellantis to Acquire First Investors Financial Services Group as Key Step to Developing a Captive Financial Services Business in U.S. Market . Back when I started this company, there wasnt much of an industry. First Investors understands that bad things happen to good people. Executive Vice President and Chief Financial Officer. Press continue to keep your session alive. Tommy Moore, Jr., President and CEO of First Investors, noted: We are excited to join the Stellantis team. communications@stellantis.com, Valrie GILLOT
Stellantis aspires to become the greatest, not the biggest while creating added value for all stakeholders as well as the communities in which it operates. He was previously employed for 10 years by Bank of America in various capacities, most recently as Vice President of Corporate Finance where his responsibilities included corporate lending and capital market activities for both high yield and high grade clients. lowest monthly payment possible! Click to reveal Senior Vice President Chief Risk Officer. This website is using a security service to protect itself from online attacks. This website is using a security service to protect itself from online attacks. The investors include JAM Special Opportunities Fund II, a private equity fund controlled by Seymour Jacobs, a director of the Company and other affiliated investors. Its not much to do about me. 216.177.141.39 Forward-looking statements are not guarantees of future performance. According to public records TOMMY A MOORE JR is connected with one company - First Investors Financial Services, Inc. Of Texas (Fn). STELLANTIS
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