Flagship Credit Acceptance Enters Agreement to Sell its Business Operations to InterVest capital partners

Flagship is a respected non-prime auto finance lender, with over $16 billion in lifetime originations

CHADDS FORD, Pa.--(BUSINESS WIRE)--Flagship Credit Acceptance LLC (the “Company”), a leading auto-finance provider, announced today that affiliates of InterVest capital partners (“InterVest”), a New York-based specialty finance investment firm, has entered into a definitive agreement to acquire the operating assets and business operations of the Company through a newly formed company, Flagship Financial Group LLC (“Flagship”).

“The team at Flagship is excited to partner with InterVest to help facilitate Flagship’s continued growth,” said CEO Bob Hurzeler. “There is a great opportunity ahead to grow our originations, while adding value to our dealer network.”

Upon the final closing of the transaction, Jim Landy, a seasoned auto finance executive and founder, will assume the role of Chief Executive Officer at Flagship. “This is an exciting moment for Flagship. I look forward to partnering with Jim and the InterVest team during the transition period,” said Bob Hurzeler.

“InterVest capital partners is excited to invest in one of the leading non-prime auto finance companies in the US. We are excited about this opportunity, and we are looking forward to partnering with the talented employees of Flagship. Our investment will immediately provide Flagship with the resources needed to support continued growth,” said Ari Rosenberg, Managing Director, of InterVest capital partners.

Deutsche Bank Securities Inc. acted as the financial advisor and McDermott Will & Schulte LLP as the legal advisor to the seller in this transaction. Piper Sandler & Co. acted as the financial advisor and Willkie Farr & Gallagher LLP acted as legal advisor to the purchaser.

About Flagship

Flagship was started in 2010 and is the successor company to FCC, which was founded in 2005. The Company is headquartered in Chadds Ford, Pennsylvania and originates Indirect and Direct auto loans to consumers. As of September 30, 2025, the Company has over 500 full time employees in the United States, with additional offices in Coppell, TX and Tempe, AZ, and since inception has originated over $16 billion of auto loans through both Indirect and Direct channels.

About InterVest capital partners

InterVest capital partners, a New York-based, SEC-registered investment adviser, is an alternative asset manager dedicated to niche credit strategies across asset-based, asset-backed and specialty finance and real estate. With over two decades' experience and track record in this space, InterVest has been an investor in some of the largest and most well-respected specialty finance platforms across the United States, Canada and Europe.