M&A Deal Summary |
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Date | 2023-05-23 |
Target | CIVIC Financial Services |
Sector | Financial Services |
Buyer(s) | Roc360 |
Sellers(s) | PacWest Bank |
Deal Type | Divestiture |
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Roc360 is a financial services platform for residential real estate investors, providing vertically integrated solutions, including lending, servicing, insurance and valuation. Roc360 was founded in 2014 and is based in New York City.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Financial Services) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (California) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2023) | 1 of 1 |
Category | Company |
---|---|
Founded | 1999 |
Sector | Financial Services |
Employees | 2,400 |
Revenue | 1.3B USD (2022) |
PacWest Bank is a provider of commercial banking services, including real estate, construction, and commercial loans, to small and medium-sized businesses. PWB's branches are located throughout California. Pacific Western's divisions CapitalSource, First Community Financial and Pacific Western Equipment Finance, and its subsidiaries BFI Business Finance and Celtic Capital Corporation, deliver a full spectrum of financing solutions nationwide across many industries and property types. PacWest Bank was founded in 1999 and is based in Beverly Hills, California.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Financial Services) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (California) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2023) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-02-02 |
CIVIC Financial Services
Redondo Beach, California, United States CIVIC Financial Services is an institutional private money lender specializing in the financing of non-owner-occupied investment properties. CIVIC helps investors leverage opportunities to grow their real estate portfolios. As a direct lender, CIVIC offers an array of financing solutions for retail, wholesale, and correspondent channels. CIVIC Financial Services was formed in 2014 and is based in Redondo Beach, California. |
Buy | - |