M&A Deal Summary

Luxury Asset Capital Acquires Beverly Loan

On March 24, 2022, Luxury Asset Capital acquired financial services company Beverly Loan

Acquisition Highlights
  • This is Luxury Asset Capital’s 3rd transaction in the Financial Services sector.
  • This is Luxury Asset Capital’s 3rd transaction in the United States.
  • This is Luxury Asset Capital’s 1st transaction in California.

M&A Deal Summary

Date 2022-03-24
Target Beverly Loan
Sector Financial Services
Buyer(s) Luxury Asset Capital
Deal Type Add-on Acquisition

Target

Beverly Loan

Beverly Hills, California, United States
Beverly Loan provides loans using luxury assets as collateral to clients in the greater Los Angeles area from its offices in the Bank of America Building, located on the corner of Santa Monica Boulevard and Beverly Drive in Beverly Hills, where clients can bring in luxury assets for immediate expert valuation and loan funding. Beverly Loan was established in 1938 and is based in Beverly Hills, California.

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Buyer(S) 1

Buyer

Luxury Asset Capital

Denver, Colorado, United States

Category Company
Founded 2009
Sector Financial Services
DESCRIPTION

Luxury Asset Capital is a private, family-office owned lender that provides loans against luxury assets, when traditional channels of financing are either too slow, invasive, burdensome or, in some cases, unavailable. Luxury Asset Capital was formed in 2009 and is based in Denver, Colorado.


DEAL STATS #
Overall 3 of 3
Sector: Financial Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-24 New York Loan

New York, New York, United States

New York Loan provides loans using luxury assets as collateral to clients in and around New York City from its offices in the International Gem Tower in the heart of New York’s jewelry district, where clients can bring in luxury assets for immediate expert valuation and loan funding.

Buy -