M&A Deal Summary

Altisource Portfolio Solutions Acquires The Mortgage Partnership of America

On February 12, 2010, Altisource Portfolio Solutions acquired financial services company The Mortgage Partnership of America

Acquisition Highlights
  • This is Altisource Portfolio Solutions’ 1st transaction in the Financial Services sector.
  • This is Altisource Portfolio Solutions’ 1st transaction in the United States.
  • This is Altisource Portfolio Solutions’ 1st transaction in Montana.

M&A Deal Summary

Date 2010-02-12
Target The Mortgage Partnership of America
Sector Financial Services
Buyer(s) Altisource Portfolio Solutions
Deal Type Add-on Acquisition
Advisor(s) mAccounting (Financial)

Target

The Mortgage Partnership of America

St. Louis, Montana, United States
The Mortgage Partnership of America LLC is a provider of mortgage services.

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Buyer(S) 1

Buyer

Altisource Portfolio Solutions

Luxembourg, Luxembourg

website


Category Company
Founded 1999
Sector Business Services
Employees2,726
Revenue 366M USD (2020)
DESCRIPTION

Altisource Portfolio Solutions provides services to some of the most respected organizations in their industries, including one of the nation’s largest sub-prime servicers, government agencies and many lenders, servicers, investors, mortgage bankers, credit unions, financial services companies and hedge funds across the country. Altisource Portfolio Solutions was founded in 1999 and is based in Luxembourg City, Luxembourg.


DEAL STATS #
Overall 1 of 7
Sector (Financial Services) 1 of 2
Type (Add-on Acquisition) 1 of 7
State (Montana) 1 of 1
Country (United States) 1 of 7
Year (2010) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-21 Equator

Los Angeles, California, United States

Equator LLC is a provider of default software solutions for servicers, real estate agents, vendors and other mortgage and real estate industry professionals.

Buy $70M