Independence Pet Holdings closes acquisition of Pets Best Insurance

Independence Pet Holdings closes acquisition of Pets Best Insurance

In a move that’s set to reshape the pet insurance industry, Independence Pet Holdings, Inc. (IPH), a trailblazer in multi-brand, multi-channel pet insurance, has officially sealed the deal on acquiring Pets Best Insurance Services, LLC from Synchrony, a leading light in consumer financial services. This transaction not only marks a significant milestone for both entities […]

Synchrony to acquire Ally’s point of sale financing business in strategic expansion

Synchrony to acquire Ally’s point of sale financing business in strategic expansion

In a significant move within the financial services industry, Synchrony (NYSE: SYF) has announced the acquisition of Ally Financial Inc.’s (NYSE: ALLY) point of sale financing business, including a substantial $2.2 billion loan receivables portfolio. This acquisition marks a notable expansion for Synchrony, integrating nearly 2,500 merchant locations and supporting over 450,000 active borrowers in […]