M&A Deal Summary

Guild Mortgage Acquires Academy Mortgage

On February 13, 2024, Guild Mortgage acquired financial services company Academy Mortgage

Acquisition Highlights
  • This is Guild Mortgage’s 9th transaction in the Financial Services sector.
  • This is Guild Mortgage’s 9th transaction in the United States.
  • This is Guild Mortgage’s 1st transaction in Utah.

M&A Deal Summary

Date 2024-02-13
Target Academy Mortgage
Sector Financial Services
Buyer(s) Guild Mortgage
Deal Type Add-on Acquisition

Target

Academy Mortgage

Draper, Utah, United States
Academy Mortgage is a lender operates with approximately 200 branches across the West, Central, and Southeast regions. Academy Mortgage was founded in 1988 and is based in Draper, Utah.

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Buyer(S) 1

Buyer

Guild Mortgage

San Diego, California, United States

Category Company
Founded 1960
Sector Financial Services
Revenue 1.1B USD (2024)
DESCRIPTION

Guild Mortgage is a U.S. mortgage-lending company that provides home loans, refinancing, and mortgage servicing for residential borrowers. The Company offers a variety of mortgage products including conventional loans and government-backed programs (FHA, VA, USDA), down-payment assistance loans, home-equity financing, and more. Guild Mortgage was formed in 1960 and is based in San Diego, California.


DEAL STATS #
Overall 9 of 9
Sector: Financial Services M&A 9 of 9
Type: Add-on Acquisition M&A Deals 8 of 8
State: Utah M&A 1 of 1
Country: United States M&A 9 of 9
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-13 Cherry Creek Mortgage

Greenwood Village, Colorado, United States

Cherry Creek Mortgage offer a variety of unique mortgage programs that can help navigate the affordability issues that are impacting many home buyers in today's market. Cherry Creek Mortgage was founded in 1987 and is based in Greenwood Village, Colorado.

Buy -