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New Deal


Announced

Mortgage Contracting Services to acquire M&M Mortgage Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
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One Off Charge-

Tags

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Pending

Mortgage REITs: Diversified

Friendly

Acquisition

Single Bidder

United States

Private

mortgage services

Majority

Synopsis

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Mortgage Contracting Services, a provider of mortgage-related services, agreed to acquire M&M Mortgage Services, which offers a variety of mortgage field services, including several types of property inspections and delinquency interviews. Financial terms were not disclosed. "Adding a great business such as M&M Mortgage Services allows us to continue our pledge to clients to improve mortgage-related processes, build innovative technical solutions, and deliver on quality using the best people from the communities where we operate," Caroline Reaves, MCS's Chief Executive Officer.

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