Announced
Completed
Synopsis
Alta West Mortgage Capital, an alternative mortgage lender and investment manager, completed the acquisition of Premiere Home Mortgage, a non-bank mortgage lender specializing in equity-based residential financing. Financial terms are not disclosed. "Alta West Capital has been working hard to scale itself up over the past few years. We view Premiere Mortgage as an ideal fit for Alta West because their strengths complement our own. For both companies, this acquisition will optimize economies of scale, realize enhanced efficiencies, and broaden our respective product offerings through coalescence. This partnership aligns mutual expertise and resources to elevate both AWC's and Premiere's platform. Our alignment of values ensures the lasting positive impact of this deal for all stakeholders," George Botros, Alta West Capital CEO.
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