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New Deal


Announced

Completed

Movement Mortgage completed the acquisition of Mortgage Network.

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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United States

Single Bidder

Private

Domestic

Majority

Mortgage REITs: Diversified

Completed

Acquisition

mortgage

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Synopsis

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Movement Mortgage, an online and brick-and-mortar lender, completed the acquisition of Mortgage Network, an independent mortgage company. Financial terms were not disclosed. “We want to grow, and we look for teams and individuals in alignment with Movement’s mission to love and value people. We found that and more in the Mortgage Network team. I’m honored to welcome these talented and purpose-driven individuals to Movement. Together, we’ll make a meaningful difference in our industry and communities,” Casey Crawford, Movement CEO.

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