Announced
Financials
Tags
Private Equity
Domestic
Friendly
Single Bidder
United States
mortgage banking
Mortgage Finance
Acquisition
Majority
mortgage servicing platform
Private
Pending
Synopsis
Rithm Capital, a private equity firm, agreed to acquire mortgage servicing companies Specialized Loan Servicing and Computershare Mortgage Services from Computershare, a financial services company, for $720m. “We are thrilled to welcome SLS to the Newrez family. Our track record of acquisitions in the mortgage servicing space continues to deliver value not only for our shareholders, but also for the millions of consumers we serve,” Michael Nierenberg, Rithm Capital Chairman, President and CEO.
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