Financeit acquires rival loan business Simply Group Financial

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Financeit Canada has acquired rival Simply Group Financial, expanding its share in the Canadian home improvement financing market. Read on.

Financeit offers point-of-sale financing for home improvement, recreational vehicle and retail industries.has acquired rival Simply Group Financial, expanding its share in the Canadian home improvement financing market.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.

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Financeit buys biggest rival to expand monthly lending to Canadian home improvement marketDeal worth $175-million-plus backed by Kuwait sovereign wealth fund owner
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