M&A Deal Summary

Covius Acquires Clayton Holdings

On January 22, 2020, Covius acquired financial services company Clayton Holdings from Radian Group

Acquisition Highlights
  • This is Covius’ 2nd transaction in the Financial Services sector.
  • This is Covius’ 2nd transaction in the United States.
  • This is Covius’ 1st transaction in Connecticut.

M&A Deal Summary
Date 2020-01-22
Target Clayton Holdings
Sector Financial Services
Buyer(s) Covius
Sellers(s) Radian Group
Deal Type Divestiture

Target

Clayton Holdings

Shelton, Connecticut, United States
website
Clayton Holdings LLC is a provider in transaction management support, loan analysis, consulting, predictive analytics, independent credit risk management, and securities surveillance. Clayton Holdings was established in 2004 and is based in Shelton, Connecticut.

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Buyer(S) 1

Buyer

Covius

Atlanta, Georgia, United States

website

Category Company
Founded 1996
Sector Business Services
DESCRIPTION

Covius LLC is a provider of risk management and compliance-related services and technology to the mortgage industry. Since 1996, Covius has provided mortgage advisory and technology services to the residential and commercial real estate finance industries.

DEAL STATS #
Overall 2 of 3
Sector (Financial Services) 2 of 2
Type (Divestiture) 2 of 2
State (Connecticut) 1 of 1
Country (United States) 2 of 3
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-04 Chronos Solutions - Credit Verification REO and Auction Businesses

Texas, United States

Chronos Solutions - Credit, Verification, REO, and Auction Businesses comprises credit, flood, income and tax verification services, government services, REO management and disposition, online foreclosure auction, and homeowners association (HOA) tracking units.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-14 Nationwide Title Clearing

Palm Harbor, Florida, United States

Nationwide Title Clearing is a provider of lien release and other document production services as well as research and file services for originators, servicers and the capital markets sector. Nationwide Title Clearing was founded in 1991 and is based in Palm Harbor, Florida.

Buy -

Seller(S) 1

SELLER

Radian Group

Philadelphia, Pennsylvania, United States

website

Category Company
Founded 1977
Sector Insurance
Employees1,600
Revenue 1.2B USD (2022)
DESCRIPTION

Radian Group is a provider of private mortgage insurance and related risk mitigation products and services to mortgage lenders nationwide through its principal operating subsidiary Radian Guaranty Inc. Radian Group was founded in 1977 and is based in Philadelphia, Pennsylvania.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-16 Five Bridges Advisors

Bethesda, Maryland, United States

Five Bridges Advisors LLC is a developer of proprietary software, data analytics and predictive models leveraging artificial intelligence, machine learning and traditional econometric techniques. Five Bridges Advisors LLC was founded in 2008 and is based in Bethesda, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-25 Covered Insurance Solutions

Denver, Colorado, United States

Covered Insurance Solutions, Inc. is an independent, consumer insurance agency focused on making insurance easy to understand and painless to purchase. Covered Insurance Solutions was established in 2016 and is based in Denver, Colorado.

Buy -
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