Los Angeles Business Journal

TrueCar Closes Deal to Go Private

Another local take-private deal has closed. TrueCar Inc., a Santa Monica-based car shopping platform, announced on Wednesday ...
Auto Remarketing

Fair Holdings-led group completes acquisition of TrueCar, which is now private

TrueCar is officially a private company. Fair Holdings Inc., led by TrueCar founder Scott Painter, said Wednesday it has ...
Auto Remarketing

TrueCar to go private in deal led by founder Painter, who will return as CEO

It’s a full-circle moment for TrueCar and Scott Painter. The company’s founder and former CEO is leading a group that plans to acquire the automotive digital marketplace. Upon close, Painter, who ...
Seeking Alpha

TrueCar to Be Acquired by Founder-Led Strategic and Financial Investor Group in All-Cash Go-Private Transaction

TrueCar Stockholders to Receive $2.55 per Share in Cash; the Equity Value of the Transaction is Approximately $227 Million TrueCar Founder Scott Painter to Return as the Company's Leader Post-Close ...