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Announced

Union Home Mortgage to acquire Amerifirst Home Mortgage.

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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Pending

mortgage banking

Single Bidder

Private

United States

Acquisition

Majority

Mortgage Finance

banking

Domestic

Friendly

Synopsis

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Union Home Mortgage, a full-service retail, wholesale and consumer direct independent mortgage banking company, agreed to acquire Amerifirst Home Mortgage, an independent community mortgage banker. Financial terms were not disclosed. “On behalf of all our Partners, I am excited to welcome the wonderful mortgage professionals of Amerifirst to the world-class platform of growth at UHM. Our company lives by the mantra of ‘Promises Kept,’ which includes promises to our customers, communities and colleague Partners. Today, I am thrilled to expand the reach of that promise further,” Bill Cosgrove, Union Home Mortgage President & CEO.

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