Interstate National Launched as Umbrella Holding Company
ATLANTA, Ga. - The formation of Interstate National, a portfolio company of Golden Gate Capital, was announced as an umbrella holding company to house a family of seven powerful brands.
Interstate National Corp. (IN) comprises Interstate National Dealer Services, National Warranty Corp./Payment Insured Plan, Inc., MBAC, Provida Group, RpmOne and INDS Canada.
"This umbrella company will offer an additional level of strength, stability and tenure, plus a full suite of F&I products and services to our valued producers," CEO Shaun Fetherston said. "Our long-term goal is for this umbrella company to enhance each subsidiary's level of service, expertise and products."
INDS and INDS Canada are full-service F&I product providers with a stronghold in the U.S. and Canada service contract sector. RpmOne is a leader in service contract providers for the sports sector while National Warranty Corp. is stronghold in the Northwest United States. Provida Group offers direct-to-consumer service contract products and MBAC focuses on service contract product sales through banking and financial institution channels.
"Because of recent consolidations of such powerful and solid brands, we want to keep each of their names in the forefront," Fetherston said. "An umbrella holding company is the best way to collectively bring power, strength and stability to our family of products."
More Industry
Honda Embraces Hybrid Fever
The automaker plans a new Ohio factory, along with investments in existing U.S. and Canadian plants, to significantly boost hybrid production here.
Read More →
Dealerships Must Show Up Where It Matters
How car buyers find your dealership has fundamentally changed. New evidence reveals the importance of your presence on social media, Google search, and large language models.
Read More →
CPO Sales Could Take Off in the Right Conditions
A recent Cox Automotive consumer survey reveals the size of an undertapped market for the vehicle segment given affordability pressures.
Read More →
Global Consumer Trends Diverge
Price remains a top consideration for U.S. car buyers, and they are the most brand-loyal consumers to established automakers, according to a new survey.
Read More →
Badger State Dealership Gets New Owner
The longtime southern Wisconsin store moved from one area auto group to another, keeping the business in Dairyland.
Read More →
The Cycle of Negative Equity
Third-quarter data shows consumers still rolling over debt and stretching loan terms, raising their risk of remaining underwater.
Read More →
Charger Network Growth Slows
Despite a projected increase in public EV chargers in 2026, charging infrastructure remains a top concern for consumers as the gap between the most and least EV-friendly places remains substantial.
Read More →
Lenders, Consumers Take on More Auto Loan Risk
September records loosened credit access the most in over a decade as buyers took advantage of the conditions to afford trading, though loan applications fell.
Read More →
Next-Gen Hybrids in Sight
Dealerships can expect to see revamped hybrids from Honda next year as the company rolls out a new system and model lineup.
Read More →
Gem State Stores Change Hands
A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.
Read More →