M&A Deal Summary

Guild Mortgage Acquires Cherry Creek Mortgage

On March 13, 2023, Guild Mortgage acquired financial services company Cherry Creek Mortgage

Acquisition Highlights
  • This is Guild Mortgage’s 8th transaction in the Financial Services sector.
  • This is Guild Mortgage’s 8th transaction in the United States.
  • This is Guild Mortgage’s 1st transaction in Colorado.

M&A Deal Summary

Date 2023-03-13
Target Cherry Creek Mortgage
Sector Financial Services
Buyer(s) Guild Mortgage
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

Guild Mortgage

San Diego, California, United States

Category Company
Founded 1960
Sector Financial Services
Employees4,800
Revenue 664M USD (2023)
DESCRIPTION

Guild Mortgage is a privately owned mortgage banking company focused on originating, servicing, and selling residential loan products primarily in California and other western states. Guild Mortgage offers a range of residential mortgage products primarily designed to meet the needs of high credit-quality (prime) borrowers. Guild Mortgage was formed in 1960 and is based in San Diego, California.


DEAL STATS #
Overall 8 of 9
Sector (Financial Services) 8 of 9
Type (Add-on Acquisition) 7 of 8
State (Colorado) 1 of 1
Country (United States) 8 of 9
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-07 Legacy Mortgage

Albuquerque, New Mexico, United States

Legacy Mortgage provides a wide range of purchase and refinance loan options. Legacy Mortgage was founded in 2002 and is based in Albuquerque, New Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-13 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.

Buy -