Littlejohn & Co, Lynstone SSF, Neuberger Berman and Crescent Capital to acquire Mortgage Contracting Services.

A consortium consisting of Littlejohn & Co, Lynstone SSF, Neuberger Berman and Crescent Capital agreed to acquire Mortgage Contracting Services, a provider of specialized services to financial institutions. Financial terms were not disclosed. "We remain 100% focused on delivering the best customer experience while providing the market with a comprehensive service offering. MCS is a strong business because of our employees, our customer relationships, our sound business model, and strong leadership team. We are excited to partner with our new owners to further strengthen our operations and remain the industry's provider of choice," Caroline Reaves, MCS CEO.