Announced
Completed
Financials
Tags
United States
Completed
Single Bidder
financial services
Private Equity
Friendly
Consumer Lending
Majority
loan provider
leasing
Acquisition
Private
Domestic
Synopsis
Mission Peak Capital, a private equity firm, completed the acquisition of a majority stake in the US operations of Mount Street, a third-party loan servicer. Financial terms were not disclosed. "Our investment in Mount Street is a direct result of our recognition that commercial real estate is evolving and continues to be deeply impacted by changing global trends. This partnership will not only benefit investors with more customized solutions--lenders and borrowers will all gain advantage from a servicing provider that truly understands real estate from an asset level to ensure success," Wit Solberg, Mission Peak Principal and Founder.
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