24 March
A private investment vehicle associated with the founder of Firstmac Limited ACN 094 145 963 (Firstmac), acquires the Aussie Car Loans group from AFICO for an undisclosed amount in a 100% cash transaction.
31 March
On 31st March 2017, the AFICO group acquired the Aussie Car Loans group of brands, intellectual property, trademarks and websites from Advantage Broker Services. The strategy behind the acquisition is to bolster direct B2C loan origination and deepen the group web presence.
23 July
McMillan Shakespeare (ASX:MMS) has announced the acquisition of financial services business, United Financial Services, from AFICO Pty Ltd for $42 million.