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Atlanticus completes sale of CAR Auto Finance operations for USD 71.2 million
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Atlanticus completes sale of CAR Auto Finance operations for USD 71.2 million
  • Atlanticus completed the sale of its CAR Auto Finance operations to an unaffiliated third party.
  • Total consideration was about $71.2 million, including $56.2 million cash and a $15 million seller note.
  • The divestment removes Atlanticus’ entire Auto Finance segment from its operations.
  • Roughly 154 CAR employees are transitioning to the buyer as part of the transaction.
  • Cash proceeds are expected to reduce debt, with remaining funds directed toward higher-growth consumer credit products.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atlanticus Holdings Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609170730PRIMZONEFULLFEED9828310) on September 17, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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