Superstar Platforms agrees to acquire TitlePal in all-stock deal
SPST•Superstar Platforms to buy TitlePal in stock transaction
Superstar Platforms agreed to acquire TitlePal in an all-stock transaction.
TitlePal runs a web and mobile platform for vehicle title lending that shifts origination, verification, underwriting, and funding from storefronts to digital channels. TitlePal generated nearly USD 700,000 of interest income over the past two years.
The deal is intended to expand Superstar’s fintech footprint and complement its PawnTrust marketplace serving the pawn industry. Closing is subject to definitive documentation and customary conditions.
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