Ally Financial, Inc.

Ally Financial, Inc.

Ally Financial, Inc.

Overview
Date Founded

1997

Headquarters

Ally Detroit Center,500 Woodward Avenue,Floor 10,Detroit, MI 48226

Type of Company

Public

Employees (Worldwide)

8,200

Industries

Retail & Commercial Banking
Insurance Brokerage
Consumer Finance

Company Description

Ally Financial, Inc. is a holding company, which provides digital financial services to consumers, businesses, automotive dealers, and corporate clients. It operates through the following segments: Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations. The Automotive Finance Operations segment offers retail installment sales contracts, loans and leases, offering term loans to dealers, financing dealer floorplans and other lines of credit to dealers, warehouse lines to companies, fleet financing, providing financing to companies and municipalities for the purchase or lease of vehicles and equipment, and vehicle remarketing services. The Insurance Operations segment focuses on finance protection and insurance products sold primarily through the automotive dealer channel, and commercial insurance products sold directly to dealers. The Mortgage Finance Operations segment consists of the management of a held-for-investment consumer mortgage finance loan portfolio, which includes bulk purchases of jumbo and LMI mortgage loans originated by third parties. The Corporate Finance Operations segment provides senior secured leveraged cash flow and asset-based loans to mostly United States based middle market companies focuses on businesses owned by private equity sponsors with loans typically used for leveraged buyouts, mergers and acquisitions, debt refinancing, restructurings, and working capital. The company was founded in 1919 and is headquartered in Detroit, MI.

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Executives & Employees

Director & Chief Executive Officer

Chief Financial Officer

General Counsel

Chief Marketing & Public Relations Officer

Chief Compliance Officer

Chief Risk Officer

Chief Operating Officer Auto Finance

Chief Information Officer

Vice President, Chief Accounting Officer & Controller

Chief Human Resources Officer

Board of Directors

President & Chief Executive Officer at Ribbon Communications, Inc.

Director & Chief Executive Officer at Ally Financial, Inc.

Chairman & Chief Executive Officer at Professional Racing Equipment

Co-Chief Executive Officer at WeddingWire, Inc.

Limited Partner at Lead Edge Capital Management LLC

Partner at Artemis Real Estate Partners LLC

Professional at Accenture Plc

Professional at BRP, Inc.

Professional at Taubman Centers, Inc.

Founder at Strategic Forge

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Ally Financial, Inc.
Owners & Shareholders
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Harris uses a value investment philosophy in selecting equity and equity-like securities of U.S. and non-U.S. issuers. The firm's investment philosophy spans across large, mid and small cap companies. In addition, Harris may hedge a client's exposure to direct or indirect foreign currencies. In constructing portfolios for their clients, the firm seeks out companies that they believe are trading in the market at significant discounts to their underlying value. Harris believes purchasing businesses at a discount to intrinsic value minimizes risk while providing substantial profit potential. The firm uses a bottom-up approach focused on individual companies, rather than focusing on specific economic factors or industries. Harris generates their research ideas from a variety of internal and external sources. The firm's research process seeks to identify companies selling at a discount to its estimate of intrinsic value.

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Lakewood Capital Management Lakewood employs a fundamental investing approach that seeks to exploit inefficient pricings in equities and fixed income securities. The firm seeks to capitalize on the best risk/reward opportunities across many diverse industries, geographies and securities. Their strategies include Long Equity, Short Equity and Long Fixed Income.Lakewood's long equity positions generally consist of securities they believe have the potential for significant capital appreciation over a multi-year horizon with minimal degree of capital loss. Common themes consist of companies that are out of favor, subject to forced selling or liquidation, complex, undergoing change or uncertainty, misunderstood or underappreciated by the market. Target investments include companies with severe price declines, spin-offs, IPOs, under-followed companies, restructurings, reorganizations and companies with hidden assets.The firm's short equity positions consist of securities Lakewood believes are trading at significant premiums to intrinsic value and are likely to decrease in value in the near to intermediate-term. Lakewood's short equity strategy focuses: companies that are undergoing temporary increases in earnings that the firm believes are being misinterpreted by the market and/or companies with deceptive practices and/or misleading or fraudulent management teams.Lakewood's fixed income positions generally consist of securities in which they can earn attractive cash returns on its investment or establish an attractive post-reorganization equity buy-in price, providing for equity-like returns with a good risk profile. The firm invests in stressed high grade bonds, high yield/distressed bonds, convertible notes/bonds and preferred stock. These positions are typically found in companies that are out of favor, subjected to forced selling or liquidation, undergoing an industry rationalization or fixing their capital structure despite relatively healthy underlying operations.

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FPA uses a variety of sources of information to facilitate methods of analysis. In formulating investment strategies, they may consult with research analysts, specific broker-dealers, economists and others. The firm may also attend company presentations, participate in interviews and industry sponsored conferences and may also engage in discussions with management and others having business with the company or expertise in a particular industry. FPA's equity and fixed income styles are linked by a common fundamental value orientation. The firm provides management services primarily in a value investment style for the following products: Absolute Fixed Income, Contrarian Value, International Value, Small/Mid-Cap Absolute Value, US Value, and World Value. They may also develop other investment strategies from time to time and manage portfolios according to a client's specific investment guidelines, thus strategies may vary by client account.

Recent Transactions
Details Hidden

Ally Financial, Inc. purchases BlueYield, Inc. from QED Investors LLC

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Ally Financial, Inc. purchases Ally Invest Group, Inc. from Battery Ventures, OCA Venture Partners LLC, Ramphastos Investments Management BV, Delta-V Capital LLC, Velocity Capital BV

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Ally Financial, Inc. issued Common Stock

Insider Transactions
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Transaction Advisors
Accountant

Advised onCerberus Capital Management LP, Aozora Investment Co., Ltd., General Motors Acceptance Corp. /Private Group purchase Ally Financial, Inc. from General Motors Corporation

Legal Advisor

Advised onClose Brothers Group Plc purchases GMAC Commercial Finance Ltd. /Invoice Financing Loan Book from Ally Financial, Inc.

Global Coordinator

Advised onAlly Financial, Inc. issued USD Common Stock

Legal Advisor

Advised onGeneral Motors Company, General Motors Financial Co., Inc. purchase Ally Financial, Inc. /European & Latin American Ops from Ally Financial, Inc.

Legal Advisor

Advised onGeneral Motors Company, General Motors Financial Co., Inc. purchase Ally Financial, Inc. /European & Latin American Ops from Ally Financial, Inc.

Legal Advisor

Advised onGeneral Motors Company, General Motors Financial Co., Inc. purchase Ally Financial, Inc. /European & Latin American Ops from Ally Financial, Inc.

Advisors & Consultants
Legal Advisor

Shareholder at Greenberg Traurig LLP

Legal Advisor

Partner at Kirkland & Ellis LLP

Legal Advisor

President, Chief Executive Officer & Director at Vedder Price P.C.

Clients

General Motors Co. engages in the designing, manufacturing, and selling of cars, trucks and automobile parts. It also provides automotive financing services through General Motors Financial Company, Inc. The firm operates through the following segments: GM North America, GM International, and GM Financial. It sells vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Wuling, Maven, and OnStar brands. The company was founded by William C. Durant on September 16, 1908 and is headquartered in Detroit, MI.

Fiat Chrysler Automobiles NV engages in the design, engineering, manufacturing, distribution and sale of automobiles and light commercial vehicles, engines, transmission systems, automotive-related components, metallurgical products and production systems. It operates through the following geographical segments: North American Free Trade Agreement, Latin America, Asia-Pacific, Europe, the Middle East & Africa, Maserati, and Components. The NAFTA segment engages in the designing, engineering, development, manufacturing, distributing and selling of automobiles under the Chrysler, Jeep, Dodge, Ram and Fiat brand names, vehicles with the SRT performance designation and from sales of the related parts and accessories in the United States, Canada and Mexico. The LATAM segment sells passenger cars and light commercial vehicles and related spare parts under the brand names, Fiat and Fiat in South and Central America and it also provides financial services in Brazil and Argentina. The APAC segment offers cars, engines and transmissions and related spare parts under the Chrysler group and Fiat brands in China, Japan, Australia and India. The EMEA segment designs, develops and sells passenger cars and light commercial vehicles under the Fiat, Alfa Romeo, Lancia, Chrysler, Abarth and Fiat Professional and the sale of the related spare parts in Europe, Middle East and Africa. The Maserati segment manufactures, designs, engineers distribution and sale of luxury vehicles under the Maserati brand. The Components segments includes production and sale of lighting components, body control units, suspensions, shock absorbers, electronic systems, and exhaust systems, and others. The company was founded on April 1, 2014 and is headquartered in London, the United Kingdom.

Key Stats and Financials As of 2018
Market Capitalization
$11.9B
Total Enterprise Value
$61.9B
Earnings Per Share
$2.95
Revenue
$10.6B
Net Profit
$1.26B
Total Debt
$54.2B
Total Equity
$13.3B
Enterprise Value Sales
5.83x
TEVNet Income
49.05x
Debt TEV
0.87x
Three Year Compounded Annual Growth Rate Of Revenue
1.78%
Five Year Compounded Annual Growth Rate Of Revenue
1.08%
Non-Profit Donations & Grants
Investments
Details Hidden

Bluestem Group, Inc. is a holding company whose businesses include Bluestem, a multibrand, online retailer of a broad selection of name-brand and private label general merchandise serving low- to middle-income consumers. Its brands include Appleseed's, Bedford Fair, Blair, Draper's & Damon's, Gettington, Gold Violin, Fingerhut, Haband, LinenSource, Norm Thompson, Old Pueblo Traders, Sahalie, Tog Shop and WinterSilks brands. Its products categories include home, entertainment and fashion. The home category includes housewares, bed and bath, lawn and garden, home furnishings and hardware. The entertainment category includes electronics, video games, toys and sporting goods. The fashion category includes apparel, footwear, cosmetics, fragrances and jewelry. The company was founded on April 17, 1998 and is headquartered in Eden Prairie, MN.

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MobiTV, Inc. provides television and digital radio services for cellular, WiFi and broadband enabled devices. It delivers live and on-demand video to any screen, connecting media reliably and securely anytime, anywhere, on any device. The firm's end-to-end platform delivers a true TV everywhere experience that helps service providers reduce time to market and control costs associated with the deployment and operation of high concurrency, multiple platform services. Its connected media solutions solve the complexity of delivering video across networks, operating systems and devices while managing associated rights. The company was founded by Jeffrey R. Annison, Phillip Alvelda and Paul Michael Scanlan in 1999 and is headquartered in Emeryville, CA.

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Financeit Canada, Inc. provides online money lending services. It also offers point-of-sale purchases for ticket items in retail, vehicle, home improvement and healthcare spaces. The company was founded by Michael Garrity and Colin Henderson in 2007 and is headquartered in Toronto, Canada.

Investors
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TRG Management's private equity investment activities focus on making equity and mezzanine investments in global emerging markets.

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AI is an active, growth-oriented private equity investment manager. The firm invests in unlisted Japanese equity and corporate debt, and provides a diverse range of consulting and business support services to companies at all stages of the growth cycle. A major part of their assets are invested in the Tokyo area, with a bias toward middle-stage and late-stage companies.The firm invests seed and growth capital in promising venture companies and small- to medium-sized businesses. Their investments are diversified across sectors and span industries such as services, biotechnology, consumable materials, machinery, retail, restaurants and agriculture products. AI has specialist expertise in financing venture company store development and investing in entertainment projects such as games, animation, movies, music and publishing. Their investment strategies include share and bond underwriting, buying up shares and buy outs. The firm's investment selection process emphasizes a clearly understandable and realistic business plan, an aspiration to move towards public listing and market superiority potential. The input of the firm's network of third-party experts is determinant.

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Sun Capital focuses on identifying companies' untapped potential and leveraging its deep operational and financial resources to transform results. The firm invests in lower middle market & middle market companies with $50 million to $1.5 billion in revenues. They have investment and operational experience, including particular expertise in the consumer products & services, food & beverage, industrial, packaging, chemicals, building products, automotive, restaurant and retail sectors. They participate in control buyouts with an equity investment size ranging from $0 to $300 million

Suppliers
Covisint Corp. Internet Software & Services | Southfield, MI

Covisint Corp. engages in providing cloud platform for enabling organizations to securely connect, and collaborate with large, distributed communities of customers, business partners and suppliers. The company platform allows global organizations with complex external business relationships to create, streamline and automate external mission-critical business processes that involve the secure exchange of and access to critical information from multiple sources. It cloud engagement platform is offered as a service, commonly referred to as Platform-as-a-Service, and combines robust, cloud-based identity management, portal, data exchange, integration and application development capabilities. Covisint was founded on April 1, 2008 and is headquartered in Southfield, MI.

City Office REIT, Inc. Real Estate | Vancouver, BC

City Office REIT, Inc. is a real estate investment trust. It focuses on acquiring, owning and operating office properties located primarily in metropolitan areas in the Southern and Western United States. The company was founded on November 26, 2013 and is headquartered in Vancouver, Canada.

Liquidity Services, Inc. Other Business & Consulting Services | Washington, DC

Liquidity Services, Inc. engages in the provision of e-commerce solutions to manage, value, and sell inventory and equipment for business and government clients. It operates through the following business segments: GovDeals; Capital Assets Group; Retail Supply Chain Group; Machinio; and Corporate and Other. The GovDeals segment provides self-service solutions in which sellers list their own assets, and it consists of marketplaces that enable local and state government. The CAG segment offers full-service solutions to sellers and it consists of marketplaces that enable federal government agencies as well as commercial businesses to sell surplus, salvage, and scrap assets. The RSCG segment consists marketplaces that enable corporations located in the United States and Canada to sell surplus and salvage consumer goods and retail capital assets. The Machinio segment involves in the global online platform for listing used equipment for sale in the construction, machine tool, transportation, printing and agriculture sectors. The Corporate and Other segment comprises company's IronDirect and TruckCenter operating segments that are not individually significant, as well as elimination adjustments. The company was founded by William P. Angrick III, Jaime Mateus-Tique and Benjamin Ronald Brown in November 1999 and is headquartered in Bethesda, MD.

Awards & Honors
Rank #298
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #298
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
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