Private Equity
LAKE FOREST, Calif., August 19, 2019-- Abry Partners ("Abry"), a Boston-based private equity firm, announced that it has agreed to acquire Portfolio Holding, Inc. ("Portfolio" or the "Company") from Capital Z Partners, LP ("Capital Z"), a New York-based private equity firm. The transaction is subject to normal and customary closing conditions. Terms of the transaction were not disclosed. Based in Lake Forest, CA, with operations in Dallas, TX, Portfolio is a leading independent provider of finance and insurance products and services to automotive dealers across the country, including vehicle service contracts, GAP insurance, and ancillary products.

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