Fair Holdings completes $227mln take-private acquisition of TrueCar.
ByAinvest
Thursday, Jan 22, 2026 8:32 am ET1min read
TRUE--
TrueCar has been acquired in a $227 million take-private transaction by Fair Holdings, led by TrueCar Founder Scott Painter. The group includes PenFed Credit Union, Zurich North America, AutoNation, and Atlantic Coast Auto Group. The acquisition aims to refocus the business on profitability and the future of mobility access for consumers.
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