M&A Deal Summary

Bayview Asset Management Acquires HomeVestors

On January 11, 2022, Bayview Asset Management acquired real estate company HomeVestors from Levine Leichtman Capital Partners

Acquisition Highlights
  • This is Bayview Asset Management’s 1st transaction in the Real Estate sector.
  • This is Bayview Asset Management’s 1st transaction in the United States.
  • This is Bayview Asset Management’s 1st transaction in Texas.

M&A Deal Summary

Date 2022-01-11
Target HomeVestors
Sector Real Estate
Buyer(s) Bayview Asset Management
Sellers(s) Levine Leichtman Capital Partners
Deal Type Add-on Acquisition
Advisor(s) William Blair (Financial)
Kirkland & Ellis (Legal)

Target

HomeVestors

Dallas, Texas, United States
HomeVestors is a real estate investment franchisor in the United States, providing services and education to franchisees seeking to operate their own, independent, residential real estate investment business. HomeVestors was founded in 1989 and is based in Dallas, Texas.

Search 201,157 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

Bayview Asset Management

Coral Gables, Florida, United States

Category Company
Founded 1993
Sector Financial Services
DESCRIPTION

Bayview Asset Management is specialized in under-served areas of the real estate markets. Bayview provides a range of products and services, including residential and commercial special servicing and managing investment funds focused on residential and commercial assets. Bayview Asset Management was founded in 1993 and is based in Coral Gables, Florida.


DEAL STATS #
Overall 1 of 2
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 2
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-11 GreenSky

Atlanta, Georgia, United States

GreenSky is a technology company powering commerce at the point of sale for a growing ecosystem of merchants, consumers, and banks. The company's highly scalable, proprietary, and patented technology platform enables merchants to offer frictionless promotional payment options to consumers, driving increased sales volume and accelerated cash flow. Banks leverage GreenSky’s technology to provide loans to super-prime and prime consumers nationwide. GreenSky was formed in 2006 and is based in Atlanta, Georgia.

Buy -

Seller(S) 1

SELLER

Levine Leichtman Capital Partners

Beverly Hills, California, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1984
PE ASSETS 12.9B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Levine Leichtman Capital Partners (LLCP) is a West Coast US based private investment firm that targets mezzanine and other structured equity investments in middle-market companies. The Firm has several funds, each with different strategies. LLCP's larger fund targets subordinated debt, preferred equity, and/or common equity investments in companies with $100 to $750 million of revenue. The Firm's smaller fund invests $5 to $15 million in emerging companies with less than $25 million in revenue. LLCP also invests in financially distressed businesses. LLCP was formed in 1984 and has offices in Beverly Hills, California; Chicago, Illinois; Dallas, Texas; New York City; and London.


DEAL STATS #
Overall 48 of 57
Sector (Real Estate) 2 of 2
Type (Add-on Acquisition) 14 of 16
State (Texas) 8 of 9
Country (United States) 45 of 51
Year (2022) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-04 West Academic

Saint Paul, Minnesota, United States

Legal Education Holdings, Inc. is a publisher of legal textbooks, casebooks, study guides, and other course-related materials in both print and digital media formats for law school faculty and students in the United States. Legal Education Holdings works with the leading legal scholars in the US and provides its products under the West Academic, Foundation Press and Gilbert imprints. West Academic was founded in 2013 and is based in Saint Paul, Minnesota.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-01 CJ Fallon

Dublin, Ireland

CJ Fallon is a provider of educational content in both print and digital formats to primary and secondary schools throughout Ireland. CJ Fallon was founded in 1927 and is based in Dublin, Ireland.

Sell -