Octane Lending, Inc. has executed a $300 million transaction with the Moore Specialty Credit (MSC) Platform, the private asset-backed finance platform of Moore Capital Management.
Brown & Brown, Inc. completed its previously announced acquisition of RSC Topco, Inc., the holding company for Accession Risk Management Group, Inc. The acquisition was revealed June 10.
T&J Dealer Services has acquired INet Financial Services, a Texas-based innovator in dealership financing solutions.
Priority One Financial Services, a virtual F&I company for RV dealers, upgraded its digital signature program.
Brown & Brown, Inc. reported second-quarter 2025 revenues of $1.3 billion, increasing 9.1% compared with the second quarter of the prior year. Commissions and fees increased by 8.2% and organic revenue increased by 3.6%.
AppOne and Algebrik AI Inc. have formed a partnership the companies said will enhance the loan application-to-funding journey for the RV, marine and powersports sectors.
Brown & Brown’s board of directors declared a regular quarterly dividend. The dividend will total 15 cents a share. The dividend will be payable Aug. 20 to shareholders of record on Aug. 13.
Octane promoted Steven Daum to senior vice president of sales, recreational lending. In the new role, Daum will lead a team of sales professionals across Octane’s RV, powersports, outdoor power equipment, trailer and marine businesses.
FlexPath DXP is accelerating its market expansion with VeriQual, following a fully subscribed funding round and key leadership additions.
Line\5 announced it was named a winner in the 2025 Dealers’ Choice Awards, its eighth consecutive win. The F&I services provider also earned the Diamond Award for F&I Product Financing, its fifth in a row.
Integrated Dealer Systems (IDS) rolled out updates to its Leadership Insights dealership analytics platform.
Brown and Brown Dealer Services (BBDS) promoted Nicole Townsend to director of operations. Townsend joined BBDS in 2018, bringing over 20 years of automotive industry experience and knowledge.
