Solifi Expands Automotive Capabilities Through Inovatec Acquisition
MINNEAPOLIS and VANCOUVER, BC, Sept. 1, 2026 /PRNewswire/
Solifi, a leader in secured finance, has acquired Inovatec Systems Corporation, enhancing its digital application, origination, and servicing capabilities. This acquisition aims to create a unified platform for the automotive, powersports, and specialty-finance sectors.
Key Highlights:
- Enhanced Offerings: The merger will integrate Inovatec’s modern platform—including its Propel portal and loan management systems—augmenting Solifi’s existing capabilities.
- Operational Integration: Solifi’s CEO, Dan Corazzi, emphasized the importance of connected technology in automotive finance, noting that Inovatec will stream workflows across separate systems.
- Geographic Expansion: Inovatec’s strong presence in Canada will complement Solifi’s global reach, broadening their service to various lenders and financial institutions.
Customer Commitment
Both companies are dedicated to maintaining customer support while expanding product offerings. Clients will benefit from a richer, more connected lending experience as both firms strengthen their collaboration.
Words from Co-Founders
Inovatec’s co-founders, Vladimir and Danijela Kovacevic, expressed excitement about the potential for innovation that the merger will bring, highlighting the shared vision for the future of the industry.
Legal Advisors
Stikeman Elliott LLP and Goodwin Procter LLP acted as legal counsel, while RBC Capital Markets was the exclusive financial advisor to Solifi. Torkin Manes LLP and TD Securities provided similar support for Inovatec.
About Inovatec
Inovatec Systems Corporation is a cloud-based lending technology provider focusing on various sectors, including automotive. The firm is based in Vancouver, BC, with operations in North America and Serbia.
About Solifi
Solifi delivers a unified platform for secured finance, enhancing operational efficiency and portfolio visibility for financial institutions across global markets.
For more information, visit www.ta.com.
SOURCE: Solifi
