M&A Deal Summary

The J.G. Wentworth Acquires WestStar Mortgage

On August 3, 2015, The J.G. Wentworth acquired financial services company WestStar Mortgage for 67M USD

Acquisition Highlights
  • This is The J.G. Wentworth’s 1st transaction in the Financial Services sector.
  • This is The J.G. Wentworth’s largest (disclosed) transaction.
  • This is The J.G. Wentworth’s 1st transaction in the United States.
  • This is The J.G. Wentworth’s 1st transaction in Virginia.

M&A Deal Summary
Date 2015-08-03
Target WestStar Mortgage
Sector Financial Services
Buyer(s) The J.G. Wentworth
Deal Type Add-on Acquisition
Deal Value 67M USD
Advisor(s) Houlihan Lokey (Financial)
Sheppard Mullin Richter & Hampton LLP (Legal)

Target

WestStar Mortgage

Woodbridge, Virginia, United States
website
WestStar Mortgage, Inc. is a residential mortgage company specializing in conforming mortgage lending. WestStar specializes in originating Conventional, VA, and FHA loans and is licensed to operate in 40 states.

Search 192,349 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

The J.G. Wentworth

Radnor, Pennsylvania, United States

website

Category Company
Founded 1991
Sector Financial Services
Employees410
Revenue 82M USD (2015)
DESCRIPTION

The J.G. Wentworth Co. is a provider of structured settlement payment purchasing, annuity payment purchasing, lottery payment purchasing, and pre-settlement funding. The J.G. Wentworth Co. delisted in June 2016 from NYSE.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal