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New Deal


Announced

Rithm Capital to acquire Specialized Loan Servicing and Computershare Mortgage Services from Computershare for $720m.

Financials

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Transaction Value£590m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Domestic

Friendly

Single Bidder

United States

mortgage banking

Mortgage Finance

Acquisition

Majority

mortgage servicing platform

Private

Pending

Synopsis

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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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