M&A Deal Summary

JPMorgan Chase Acquires American Residential Mortgage

On September 9, 1994, JPMorgan Chase acquired financial services company American Residential Mortgage for 384M USD

Acquisition Highlights
  • This is JPMorgan Chase’s 1st transaction in the Financial Services sector.
  • This is JPMorgan Chase’s 6th largest (disclosed) transaction.
  • This is JPMorgan Chase’s 1st transaction in the United States.
  • This is JPMorgan Chase’s 1st transaction in California.

M&A Deal Summary

Date 1994-09-09
Target American Residential Mortgage
Sector Financial Services
Buyer(s) JPMorgan Chase
Deal Type Add-on Acquisition
Deal Value 384M USD

Target

American Residential Mortgage

La Jolla, California, United States
website
American Residential Mortgage Corp. is a national residential mortgage company focused on the Western U.S. The company originates loans through both wholesale and retail production.

Search 193,103 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

JPMorgan Chase

New York, New York, United States

website


Category Company
Founded 1799
Sector Financial Services
Employees296,877
Revenue 128.7B USD (2022)
DESCRIPTION
Entrance to Chase Tower in downtown Chicago, Illinois.
Entrance to Chase Tower in downtown Chicago, Illinois.

JPMorgan Chase is a US-based financial institution in the United States with assets of $2.4 trillion. JPMorgan has operations in more then 60 countries, 240,000 employees, and serves millions of consumers, small businesses and corporate, institutional and government clients. The Company provides investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. JPMorgan Chase was founded in 1799 and is based in New York, New York.


DEAL STATS #
Overall 1 of 27
Sector (Financial Services) 1 of 10
Type (Add-on Acquisition) 1 of 13
State (California) 1 of 6
Country (United States) 1 of 22
Year (1994) 1 of 1
Size (of disclosed) 6 of 9
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1995-08-29 Chemical Banking

New York, New York, United States

Chemical Banking Corp. was a regional bank serving the East Coast of the US.

Buy $10.0B