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. Any such forward-looking statements involve a number of risks and uncertainties, and the actual results of future events could differ materially from those stated in any forward-looking statements herein. In June 2005, he assumed the position of Director-Information Technology and now occupies his current role of Chief Information Officer. This company was incorporated about twenty-seven years, ago in August of 1995. Credit Suisse Securities (USA) LLC served as exclusive financial advisor and Willkie Farr & Gallagher LLP acted as legal advisor to First Investors. Its also been pretty exciting and incredible to see how this industry has evolved over the years. First Investors Financial Services also has a direct financing platform, targeting customers with an array of campaigns. Your session is about to expire. 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. 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. Street Address 1 Street Address 2; 675 Bering Drive: Suite 710: City State/Province/Country ZIP/PostalCode; Houston: TEXAS: 77057: . Click to reveal from 8 AM - 9 PM ET. 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.. Prior to organizing the Company, Mr. Moore was employed in commercial . Found 5 colleagues at First Investors Corporation. 192.186.135.58 CB Rank (Investor) 189,969. Click to reveal Cloudflare Ray ID: 7a17622d2a340dc7 Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The action you just performed triggered the security solution. . Rather, they are based on Stellantis current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. Beaming as proudly as parents might about their childrens successes, Moore praises the efforts of the entire staff at First Investors Financial Services. Executive Summary. First Investors has an outstanding financial and operational platform, underpinned by a strong management team, with vast experience in the auto finance space. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 86% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our. We specialize in helping people with auto financing. Im incredibly proud of the company, he said. We are flexible - offering multiple payment options. Its all about the team, Moore said. Tommy Moore, Jr., President and CEO of First Investors, noted: "As a management team, we are very excited to be partnering with Gallatin Point, a firm with an outstanding reputation, valuable industry expertise, and capital resources that will enhance our ability to grow our company." Tommys accomplishments in the industry are well-documented and also well-deserved, Kalfus continued. The statements contained in this release that are not historical statements of fact may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Senior Vice President - Chief Information Officer. Performance & security by Cloudflare. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. 2023 by Cherokee Media Group All rights reserved. Prior to joining First Investors, Mr. Berend was the SVP and Director of U.S. 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 . Falconbridge Capital Markets LLC served as an advisor to the Company on the transaction. 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. Any such forward-looking statements involve a number of risks and uncertainties. 216.177.141.39 Used Car Week 2016 in Las Vegas. bennie.duck@fifsg.com. There are 48 other people named Tommy A. Moore Jr on AllPeople. Its about the members.. Found 52 colleagues at First Investors Financial Services Group, Inc.. Our mission is to sustain a long-term business model that will reward our employees, shareholders, customers, vendors and community. Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: uncertainties as to whether the proposed transaction discussed in this document will be consummated or as to the timing thereof; the satisfaction of the conditions precedent to consummation of the proposed transaction, including the ability to secure regulatory approvals on the terms expected, at all or in a timely manner; the risk that the businesses of the parties will be adversely impacted during the pendency of the proposed transaction; the ability of Stellantis to successfully integrate the Companys operations; business disruption following the transaction; the effect of the announcement of the transaction on the ability of the Company to retain and hire key personnel and maintain relationships with customers, suppliers and others with whom the Company does business; the impact of the COVID-19 pandemic, the ability of Stellantis to launch new products successfully and to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; changes in local economic and political conditions, changes in trade policy and the imposition of global and regional tariffs or tariffs targeted to the automotive industry, the enactment of tax reforms or other changes in tax laws and regulations; Stellantis ability to expand certain of their brands globally; its ability to offer innovative, attractive products; its ability to develop, manufacture and sell vehicles with advanced features including enhanced electrification, connectivity and autonomous-driving characteristics; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the intense level of competition in the automotive industry, which may increase due to consolidation; exposure to shortfalls in the funding of Stellantis defined benefit pension plans; the ability to provide or arrange for access to adequate financing for dealers and retail customers and associated risks related to the establishment and operations of financial services companies; the ability to access funding to execute Stellantis business plans and improve its businesses, financial condition and results of operations; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in Stellantis vehicles; Stellantis ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with our relationships with employees, dealers and suppliers; increases in costs, disruptions of supply or shortages of raw materials, parts, components and systems used in Stellantis vehicles; developments in labor and industrial relations and developments in applicable labor laws; exchange rate fluctuations, interest rate changes, credit risk and other market risks; political and civil unrest; earthquakes or other disasters; and other risks and uncertainties. Mr. Moore serves as President and Chief Executive Officer of First Investors which he co-founded in 1989. Forward-looking statements are not guarantees of future performance. Its a pretty exciting industry. The acquisition of First Investors allows Stellantis to create a platform from which to grow a full-service captive finance organization. asian broccoli noodle salad; fred fg50023u 030 glasses; white corner desk with keyboard tray; Found 34 colleagues at First Investors Financial Services Group, Inc.. But thats who I am. tommy moore jr first investorsamerican eagle athletic fit shirts. communications@stellantis.com, Valrie GILLOT There are 40 other people named Tommy A. Moore Jr. on AllPeople. Your IP: View Tommy Moore's profile for company associations, background information, and partnerships. Fundamental to our mission are our core values, Document, Refine, and Reengineer Systems, Processes, Practices and Services, Conduct Business in a Professional Manner with Honesty and Integrity, Provide a Safe, Productive, and Rewarding Work Environment, Develop and Maintain Profitable Relationships with Customers, Create a Clear, Sustainable Competitive Advantage, Embrace Innovation, Creativity and Change, Respect structure and reporting relationships yet ensure that organizational boundaries never become a barrier to success. 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. , Valrie GILLOT there are 48 other people named Tommy A. Moore Jr. on.. 77057: First Investors which he co-founded in 1989 platform from which to grow a full-service finance! To create a platform from which to grow a full-service captive finance organization of First Financial! To reveal from 8 AM - 9 PM ET to see how this has... President and Chief Executive Officer of First Investors allows Stellantis to create a platform which. 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