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New Deal


Announced

Completed

South Street and Atlas Merchant led an investment round in MAXEX.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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digital mortgage

United States

clearinghouse

Mortgage Finance

Acquisition

Minority

Private

Private Equity

Completed

Friendly

Venture Capital

Domestic

Synopsis

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Private equity firm South Street Securities Holdings and Atlas Merchant Capital led an investment round in MAXEX, a digital mortgage exchange, with participation from JP Morgan and Moore Asset Backed Fund. “MAXEX’s mission is to serve as a market utility and liquidity provider for the US mortgage markets. As our exchange has grown, our value proposition and the significant operational efficiencies we provide have become increasingly clear to the industry. This partnership enables us to further accelerate our growth, expand our product suite and broaden our network," Tom Pearce, MAXEX Co-Founder, Chairman and CEO.

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