News

TAMPA, FL, October 5, 2020 – Transflo, a mobile, telematics, and business process automation provider for the transportation industry, announced today that it has acquired Microdea, a leader in document management and workflow automation solutions for the transportation and logistics industry. The transaction represents a significant step toward Transflo’s goal of broadening its capabilities to meet the fast-growing demand for digitized workflows within the transportation supply chain and will expand Transflo’s presence in the Canadian market.

WILSONVILLE, Ore., Oct. 6, 2020 /PRNewswire/ — LeadVenture welcomes Dealer Car Search to its market-leading portfolio of digital storefront and digital retail services. This acquisition provides a platform for LeadVenture’s growth strategy in the pre-owned auto market.

SAN FRANCISO, CA and AUSTIN, TX, May 8, 2020 – Open Lending, LLC (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions, and Nebula Acquisition Corporation (NASDAQ: NEBU) (“Nebula”), a special purpose acquisition company sponsored by True Wind Capital, L.P. (“True Wind Capital”), today announced that they have filed a business update presentation with the SEC.

AUSTIN, Texas, June 10, 2020 (GLOBE NEWSWIRE) — Open Lending, LLC (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions, and Nebula Acquisition Corporation (NASDAQ: NEBU) (“Nebula”), a special purpose acquisition company sponsored by True Wind Capital, L.P. (“True Wind Capital”), announced today that they have closed their previously announced business combination agreement under which Nebula acquired Open Lending. The business combination was approved by Nebula’s shareholders at an extraordinary general meeting held yesterday.

SAN FRANCISO, CA and AUSTIN, TX, June 8, 2020 – Open Lending, LLC (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions, and Nebula Acquisition Corporation (NASDAQ: NEBU) (“Nebula”), a special purpose acquisition company sponsored by True Wind Capital, L.P. (“True Wind Capital”), today announced that they expect all conditions to the closing of the previously announced business combination between Open Lending and Nebula to be satisfied or waived after the special meeting of Nebula’s stockholders to be held on June 9, 2020.

SAN FRANCISO, CA and AUSTIN, TX, June 1, 2020 – Open Lending, LLC (“Open Lending”), a leading provider of lending enablement and risk analytics solutions to financial institutions, today announced it certified 5,561 loans during the month of May, a greater than 35% increase to the midpoint of the revised guidance and ahead of the high end of the revised guidance for the month. Despite COVID-19 pressures on automotive dealerships, Open Lending’s certification volume is up over 25% year-to-date.