Solifi acquires Inovatec to connect auto and specialty lending
What's the deal? SolifiDealroom has a profile for this one. Try Dealroom →, a secured-finance platform provider, has acquired Inovatec Systems CorporationDealroom has a profile for this one. Try Dealroom →, a cloud-based lending technology company serving banks, captive finance firms, credit unions, and specialty lenders across North America. The deal, announced September 1, 2026, extends Solifi's reach across retail automotive, powersports, and specialty finance. Terms were not disclosed.
What's the endgame? Solifi wants to give lenders a more connected operating environment across complex asset portfolios. Inovatec brings a configurable platform spanning its Propel digital portal, loan origination system, and loan management system.
What each side brings: Inovatec adds digital application, credit adjudication, funding, servicing, payments, and collections. Solifi contributes wholesale and floorplan finance, dealer inventory oversight, asset intelligence, risk monitoring, and enterprise portfolio management, drawn from five decades in secured finance.
The combination also broadens Solifi's geographic footprint. Inovatec, founded in 2006 and now more than 160 people, holds a strong position with Canadian lenders, credit unions, and specialty finance companies.
Why it matters: "Automotive finance is one of the clearest examples of why connected technology matters," said Dan Corazzi, chief executive officer of Solifi. He noted that retail origination, servicing, wholesale finance, dealer operations, and risk oversight are interdependent yet often run on separate systems.
What changes for customers? Both firms will keep their existing customer commitments and product roadmaps, and clients will continue receiving support for current products. Solifi says it will invest in growing the acquired portfolio over time.
Co-founders Vladimir and Danijela Kovacevic framed the deal as a route to scale. "Today, our clients are looking for more products, more channels, and greater automation — and meeting those needs requires scale," they said.
The signal: The acquisition reflects continued consolidation in lending technology, as providers stitch together origination, servicing, and wholesale finance into single platforms. For automotive and specialty lenders, the pitch is fewer disconnected systems across the lending lifecycle.
Image credit: Inovatec Systems
