M&A Deal Summary

Churchill Mortgage Acquires Team Canales

On August 26, 2021, Churchill Mortgage acquired financial services company Team Canales

Acquisition Highlights
  • This is Churchill Mortgage’s 2nd transaction in the Financial Services sector.
  • This is Churchill Mortgage’s 2nd transaction in the United States.
  • This is Churchill Mortgage’s 2nd transaction in Oregon.

M&A Deal Summary
Date 2021-08-26
Target Team Canales
Sector Financial Services
Buyer(s) Churchill Mortgage
Deal Type Add-on Acquisition

Target

Team Canales

Portland, Oregon, United States
Team Canales provides conventional, FHA, VA, and USDA loans for families hoping to find the best home that fits their lifestyle. Team Canales was founded in 1998 and is headquartered in Portland, Oregon.

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Buyer(S) 1

Buyer

Churchill Mortgage

Brentwood, Tennessee, United States
Category Company
Founded 1992
Sector Financial Services
Employees400
DESCRIPTION

Churchill Mortgage Corp. is a provider in the mortgage industry providing conventional, FHA, VA and USDA residential mortgages across 46 states. Churchill Mortgage was established in 1992 and is based in Brentwood, Tennessee.

DEAL STATS #
Overall 2 of 2
Sector (Financial Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Oregon) 2 of 2
Country (United States) 2 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-27 Elev8 Mortgage

Bend, Oregon, United States

Elev8 Mortgage LLC is a mortgage broker that combines elite licensed and local mortgage advisors, unmatched service, and a wide arrangement of mortgage products with some of the most aggressive rates in the industry. Elev8 Mortgage was established in 2019 and is based in Bend, Oregon.

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