ANV Group Holdings, a global insurance intermediary platform, and Open Lending Corporation, a provider of insurance-backed lending enablement and risk analytics solutions for financial institutions, announced that they have entered into a definitive agreement whereby ANV will acquire all outstanding shares of Open Lending common stock for $3.15 per share through an all-cash tender offer.
The transaction price represents a premium of approximately 78% to Open Lending’s 90-day volume weighted average price (VWAP) as of June 15, 2026, the last trading day prior to the announcement of the transaction.
Founded more than two decades ago, Austin, Texas-based Open Lending partners with financial institutions across the United States to help expand access to automotive financing. Open Lending’s proprietary risk decision-making technology and insurance‑backed credit structure helps lenders manage risk, improve loan performance, and expand access to credit.
ANV is an independent, global insurance intermediary platform operating across the United States, the United Kingdom, and Europe. Formed in 2025 following a strategic transaction between AmTrust Financial Services and Blackstone Credit & Insurance, ANV operates a growing portfolio of specialty insurance businesses across a diverse range of risk and insurance products.
Joining ANV will provide Open Lending with access to capital, expanded market and distribution relationships, and strategic support for long-term growth and value creation.
For ANV, the acquisition represents the addition of a market-leading, specialty underwriting business that fits well within its existing business segments and is consistent with ANV’s approach to driving growth through strategic M&A. The addition of Open Lending is expected to strengthen and expand ANV’s US footprint and reinforce credit as a core insurance product for the group.
Topics
Mergers & Acquisitions
Texas
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