M&A Deal Summary

Pretium Partners Acquires Anchor Loans

On November 2, 2021, asset manager Pretium Partners acquired financial services company Anchor Loans from InterVest Capital Partners

Acquisition Highlights
  • This is Pretium Partners’ 2nd transaction in the Financial Services sector.
  • This is Pretium Partners’ 3rd transaction in the United States.
  • This is Pretium Partners’ 1st transaction in California.

M&A Deal Summary

Date 2021-11-02
Target Anchor Loans
Sector Financial Services
Buyer(s) Pretium Partners
Sellers(s) InterVest Capital Partners
Deal Type Secondary Buyout
Advisor(s) Piper Sandler & Co. (Financial)
O'Melveny & Myers (Legal)

Target

Anchor Loans

Thousand Oaks, California, United States
website
Anchor Loans is a provider of financing to residential real estate investors and entrepreneurs through its bridge and construction products. Anchor Loans was founded in 1998 and is based in Thousand Oaks, California.

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Buyer(S) 1

Buyer

Pretium Partners

Investor Investor Investor Investor Investor

website


Category Asset Manager
Founded 2012
PE ASSETS 51.8B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Pretium is a specialized alternative investment management firm focused on residential real estate, mortgage finance and corporate credit. Pretium was founded to capitalize on secular investment and lending opportunities arising as a result of structural changes, disruptions, and inefficiencies within the economy, the residential housing sector and mortgage finance markets. Pretium was formed in 2012 and is headquartered in New York City.


DEAL STATS #
Overall 3 of 4
Sector (Financial Services) 2 of 2
Type (Secondary Buyout) 2 of 2
State (California) 1 of 1
Country (United States) 3 of 4
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-23 Front Yard Residential

Christiansted, Virginia, United States

Front Yard Residential is a provider of quality, affordable rental homes to America’s families. Front Yard homes offer exceptional value in a variety of suburban communities that have easy accessibility to metropolitan areas. Front Yard's tenants enjoy the space and comfort that is unique to single-family housing, at reasonable prices. Front Yard Residential is based in Christiansted, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-29 BH Management Services

Des Moines, Iowa, United States

BH Management Services is a provider of property management platforms in multifamily, student, and single-family housing. BH Management Services was founded in 1993 and is based in Des Moines, lowa.

Buy -

Seller(S) 1

DESCRIPTION

InterVest Capital Partners is a structured finance and leasing company focused on providing financial products that are Shari’ah compliant. InterVest Capital Partners was formed in 2012 and is headquartered in New York City.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Secondary Buyout) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-05 Access Point Financial

Atlanta, Georgia, United States

Access Point Financial is a direct full-service lender servicing the hospitality industry. APF lends to qualified franchisees of major hotel brands and independent boutique hotels throughout the United States and Canada and is not an owner operator of hotel assets.

Buy $350M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-11 FinanceIt

Toronto, Ontario, Canada

FinanceIt offers a comprehensive suite of tools and technologies designed to simplify complex sales transactions for businesses and their customers. FinanceIt was founded in 2011 and is headquartered in Toronto, Ontario.

Buy -