M&A Deal Summary

Freedom Mortgage Acquires Irwin Mortgage Corp - Loan Origination Platform

On September 18, 2006, Freedom Mortgage acquired business services company Irwin Mortgage Corp - Loan Origination Platform from Irwin Mortgage for 350M USD

Acquisition Highlights
  • This is Freedom Mortgage’s 1st transaction in the Business Services sector.
  • This is Freedom Mortgage’s largest (disclosed) transaction.
  • This is Freedom Mortgage’s 1st transaction in the United States.
  • This is Freedom Mortgage’s 1st transaction in Indiana.

M&A Deal Summary

Date 2006-09-18
Target Irwin Mortgage Corp - Loan Origination Platform
Sector Business Services
Buyer(s) Freedom Mortgage
Sellers(s) Irwin Mortgage
Deal Type Divestiture
Deal Value 350M USD

Target

Irwin Mortgage Corp - Loan Origination Platform

Columbus, Indiana, United States
Irwin Mortgage Corp - Loan Origination Platform consists of loan distribution channels.

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Buyer(S) 1

Buyer

Freedom Mortgage

Mount Laurel, New Jersey, United States

Category Company
Founded 1990
Sector Financial Services
DESCRIPTION

Freedom Mortgage Corp. (dba Jefferson Home Mortgage and Loan) is a mortgage banker that has been lending to residential homeowners.


DEAL STATS #
Overall 1 of 3
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 2
State (Indiana) 1 of 1
Country (United States) 1 of 3
Year (2006) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-06 JPMorgan Chase - Rural Housing Business

United States

JPMorgan Chase - Rural Housing Business is a provider of financial services.

Buy -

Seller(S) 1

SELLER

Irwin Mortgage

Dublin, Ohio, United States

Category Company
Sector Financial Services
DESCRIPTION

Irwin Mortgage Corp. is a provider of financial services.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1