For Immediate Release:
HIGH POINT, NC, March 4, 2013 – Metrolina Credit Company of High Point, North Carolina("Metrolina") announced that it has been acquired by ML Credit Group, LLC, an organization affiliated with the merchant banking firm Comstock Capital & Advisory Group ("Comstock").
Ben Foster, Principal of Comstock Capital commented, “We are extremely excited to partner with management of Metrolina Credit. Metrolina has established itself as an honest and dependable source of financing for independent and franchised vehicle dealers in the High Point, North Carolina market over the past twenty years. We look forward to building upon its established brand and continuing to expand in the future.”
Financing for the transaction was provided by First Tennessee Bank National Association.
