Announced
Completed
Financials
Sources
Tags
Private
Completed
Single Bidder
Mortgage Finance
Friendly
United States
consumer loans
Acquisition
Domestic
Private Equity
Majority
Synopsis
Pretium Partners, a private equity firm, completed the acquisition of Anchor Loans, a mortgage finance provider. Financial terms were not disclosed. "This transaction is a unique opportunity to partner with an organization that shares our passion about the importance of supporting our communities with great homes and investments. With Pretium's resources, operational expertise, and complementary businesses, we see immediate opportunities for cross collaboration that will naturally accelerate our growth and strengthen the services we provide to our clients. At the same time, we remain well positioned to drive innovation in our lending programs and position our pioneering business for continued long-term success," Andrew Pollock, Anchor Loans CEO.
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