Ally Financial Acquires Health Credit Services
October 1, 2019
Ally Financial has completed the acquisition of Health Credit Services (HCS), a Charlotte-based, technology-driven patient financing company that partners with medical providers to offer point-of-sale financing for procedures not covered by insurance. HCS, an FTV Capital portfolio company with approximately 85 employees, will operate as an indirect subsidiary of Ally Bank with its existing management team remaining in place.
- Buyers
- Ally Financial Inc.
- Targets
- Health Credit Services, LLC
- Sellers
- FTV Capital
- Industry
- Financial Services
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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