White Clarke Group (Now Solifi) is a leading finance technology company that specializes in providing end-to-end automotive, consumer, and equipment finance software for the retail, fleet, and wholesale finance sectors. Founded in 1992 and headquartered in the United Kingdom, the company has established itself as a world leader in the financial services industry.
In June 2021, White Clarke Group was acquired by IDS, a prominent player in equipment finance, asset-based lending, and factoring. This strategic acquisition has positioned the two companies as a formidable force in the secured finance technology space, extending support to banks, OEM captives, and independent finance firms globally. This development marks a significant milestone for both White Clarke Group and IDS, allowing them to combine their expertise and resources to create a multi-asset class secured finance technology powerhouse.
The last investment in White Clarke Group took place in the form of a Private Equity Round investment on October 4, 2016. The investment was led by the Partner at Five Arrows Capital Partners (Rothschild & Co). This infusion of capital has likely played a pivotal role in fueling the company's growth trajectory and strategic initiatives.
Overall, White Clarke Group's acquisition by IDS and its strategic positioning in the finance technology market underscore its trajectory as a key player in the industry, poised for further expansion and innovation.Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Private Equity Round | Unknown | 1 | Five Arrows Principal Investments | 04 Oct 2016 |
No recent news or press coverage available for White Clarke Group (Now Solifi).