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  6. CCBank Acquires Security Home Mortgage

M&A Deal Summary

CCBank Acquires Security Home Mortgage

On May 3, 2024, CCBank acquired financial services company Security Home Mortgage

Acquisition Highlights
  • This is CCBank’s 1st transaction in the Financial Services sector.
  • This is CCBank’s 1st transaction in the United States.
  • This is CCBank’s 1st transaction in Utah.

M&A Deal Summary
Date 2024-05-03
Target Security Home Mortgage
Sector Financial Services
Buyer(s) CCBank
Deal Type Add-on Acquisition

Target

Security Home Mortgage

Orem, Utah, United States
Security Home Mortgage is a mortgage lender that offers services from pre-qualification to application and closing, each loan stays in-house, providing a seamless and quick experience for every customer. Security Home Mortgage was formed in 1999 and is based in Orem, Utah.

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Buyer(S) 1

Buyer

CCBank

Provo, Utah, United States
Category Company
Founded 1993
Sector Financial Services
DESCRIPTION

CCBank is a community-focused financial institution that serves the banking needs of Utah residents and businesses. CCBank was formed in 1993 and is based in Provo, Utah.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Utah M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
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