American Business Financial Services - Ownership and Business Overview

Financial ServicesCompany

American Business Financial Services Ownership

Who owns American Business Financial Services?

American Business Financial Services is owned by Onity Group. It was acquired on May 1, 2005.

American Business Financial Services Business Overview

Where is American Business Financial Services headquartered?

American Business Financial Services is headquartered in Philadelphia, Pennsylvania.

What sector is American Business Financial Services in?

American Business Financial Services is a financial services company.

When was American Business Financial Services founded?

American Business Financial Services was founded in 1985.

Financial Services M&A Summary in 2005

Out of 60 sectors in the Mergr database, financial services ranked 9 in number of deals in 2005. The largest financial services acquisition in 2005 was MBNA - which was acquired by Bank of America for $35.0B.

Join Mergr to view all 110 acquisitions of financial services companies in 2005, including 30 acquisitions by private equity firms, and 80 by strategics.

Acquired by Onity Group Inc. (Company) on 2005-05-01

American Business Financial Services, Inc.

100 Penn Square East,
Philadelphia, Pennsylvania 19107
United States,
(215) 940-4000
www.abfsonline.com

American Business Financial Services, Inc., together with its subsidiaries, originates, sells, and services home mortgage loans.

Company Summary

SECTOR

Financial Services

Established

1985

Investor History
2005-05-01
Add-on Acquisition

Onity Group

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