M&A Deal Summary

Annaly Acquires Hatteras Financial

On April 11, 2016, Annaly acquired real estate company Hatteras Financial for 1.5B USD

Acquisition Highlights
  • This is Annaly’s 1st transaction in the Real Estate sector.
  • This is Annaly’s largest (disclosed) transaction.
  • This is Annaly’s 1st transaction in the United States.
  • This is Annaly’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2016-04-11
Target Hatteras Financial
Sector Real Estate
Buyer(s) Annaly
Deal Type Add-on Acquisition
Deal Value 1.5B USD
Advisor(s) Goldman Sachs (Financial)
DLA Piper
Hogan Lovells (Legal)

Target

Hatteras Financial

Winston Salem, North Carolina, United States
Hatteras Financial Corp. is an own and manage a portfolio of residential mortgage investments, primarily in residential mortgage securities, with a focus on those secured by adjustable-rate mortgage loans on single-family residences.

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Buyer(S) 1

Buyer

Annaly

New York, New York, United States
Category Company
Founded 1996
Sector Real Estate
Employees187
Revenue 2.0B USD (2022)
DESCRIPTION

Annaly is a real estate investment trust (REIT). Annaly was founded in 1996 and is headquartered in New York, New York.

DEAL STATS #
Overall 1 of 2
Sector (Real Estate) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (North Carolina) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-02 MTGE Investment

Bethesda, Maryland, United States

MTGE Investment Corp. is a real estate investment trust that invests in and manages a leveraged portfolio of agency mortgage investments, non-agency mortgage investments and other real estate-related investments. The company is externally managed and advised by MTGE Management, LLC, an affiliate of AGNC Investment Corp. MTGE Investment Corp. was formed in 2011 and is headquartered in Bethesda, Maryland.

Buy $900M
Mergr

Product

Company

Legal