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New Deal


Announced

Completed

Pretium Partners completed the acquisition of Selene Holdings from OakTree Capital and Ranieri Partners

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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alternative asset management

holding company

Friendly

real estate investment

Acquisition

Mortgage REITs: Diversified

Single Bidder

Private

Private Equity

United States

Majority

Completed

Synopsis

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Pretium Partners completed the acquisition of Selene Holdings, a special servicer of nonperforming, re-performing, REO and performing loans, from funds managed by OakTree Capital and Ranieri Partners. The financial terms of the deal were undisclosed. "Selene is a best-in-class servicer that adds significant capabilities and expertise to Pretium’s residential credit ecosystem. We look forward to further investing in Selene’s technology and platform and working closely with management to best serve Pretium’s investors and Selene’s clients," Donald Mullen, Pretium Founder and Chief Executive Officer

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