Wafra Acquires Navitas Credit from United Community Banks for $1.9 Billion

June 12, 2026

Wafra, via investment funds advised by it and acting through Navitas TopCo LLC, agreed to acquire Navitas Credit Corp. from United Community Bank (a wholly-owned subsidiary of United Community Banks, Inc.) for approximately $1.9 billion in cash. The transaction is expected to close in Q3 2026, with Navitas continuing under its existing management team.

Buyers
Wafra Inc., Navitas TopCo LLC
Targets
Navitas Credit Corp., NLFC Reinsurance Corp.
Sellers
United Community Bank, United Community Banks, Inc.
Platforms
Wafra Inc.
Industry
IT Services
Location
Florida, United States
Transaction Type
Buyout

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