June 2016 Lake Forest, CA – Capital Z Partners Management, LLC (“Capital Z”), a New York-based private equity firm, announced today that it has acquired Portfolio Group, Inc (“Portfolio” or the “Company”) from Frontenac Company, LLC (“Frontenac”), a Chicago-based private equity firm. Terms of the transaction were not disclosed. Based in Lake Forest, CA, and with operations in Dallas, TX, Portfolio is a leading independent provider of finance and insurance products and services to automotive dealers across the country. The Company develops, sells and administers auto dealer extended warranty programs across a full-service product offering including vehicle service contracts, GAP insurance … [Read more...]