M&A Deal Summary

Long Ridge Equity Partners Acquires Stonegate Mortgage

On March 13, 2012, growth capital firm Long Ridge Equity Partners acquired financial services company Stonegate Mortgage for 25M USD

Acquisition Highlights
  • This is Long Ridge Equity Partners’ 3rd transaction in the Financial Services sector.
  • This is Long Ridge Equity Partners’ largest (disclosed) transaction.
  • This is Long Ridge Equity Partners’ 4th transaction in the United States.
  • This is Long Ridge Equity Partners’ 1st transaction in Indiana.
Investment Fate
  • Stonegate Mortgage was sold to a consortium of buyers in 2017 for 211M USD.

M&A Deal Summary
Date 2012-03-13
Target Stonegate Mortgage
Sector Financial Services
Buyer(s) Long Ridge Equity Partners
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 25M USD

Target

Stonegate Mortgage

Indianapolis, Indiana, United States
website
Stonegate Mortgage Corporation is a specialty financial services firm focused on the U.S. residential mortgage market. Founded in 2005, Stonegate Mortgage originates, finances and services agency and non-agency residential mortgages through its network of retail offices and approved third party originators. Stonegate Mortgage also provides financing through its fully integrated warehouse lending platform, NattyMac. Stonegate Mortgage’s operational excellence, financial strength and commitment to technology have positioned the firm as a leading provider in the emerging housing finance market.

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Buyer(S) 1

Buyer

Long Ridge Equity Partners

New York, New York, United States

Investor Investor Investor Investor Investor

website

Category Growth Capital Firm
Founded 2007
PE ASSETS 900M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

Long Ridge Equity Partners is a private investment firm focused on the financial services sector. The Firm seeks growth capital and special situation investments. Specific areas of interest include financial technology, specialty finance, securities and trading, asset management, payments, and exchanges. Long Ridge was formed in 2007 and is based in New York City.

DEAL STATS #
Overall 4 of 23
Sector (Financial Services) 3 of 4
Type (Buyout (LBO, MBO, MBI)) 2 of 4
State (Indiana) 1 of 1
Country (United States) 4 of 20
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Ametros Financial

Burlington, Massachusetts, United States

Ametros Financial offers a broad set of financial and medical management tools and technology, including medical administration reporting, automated payment technology, and access to significant healthcare discounts for pharmaceuticals, provider visits, and medical equipment. Ametros Financial was founded in 2010 and is based in Burlington, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-06 Portware

New York, New York, United States

Portware, LLC is a developer of broker-neutral, automated trading solutions for global equities, futures, options and FX. With offices in New York, London, Hong Kong, and Hyderabad, Portware works in partnership with its clients to create highly integrated solutions to streamline workflow and increase operational efficiencies on trading desks worldwide. Portware's flagship product, Portware Enterprise, is a fully customizable trade management and execution system for single stock, portfolio, basket, automated and algorithmic trading.

Buy -
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