M&A Deal Summary

Nationwide Property & Appraisal Services Acquires Olde City Lending Solutions

On February 12, 2020, Nationwide Property & Appraisal Services acquired business services company Olde City Lending Solutions

Acquisition Highlights
  • This is Nationwide Property & Appraisal Services’ 1st transaction in the Business Services sector.
  • This is Nationwide Property & Appraisal Services’ 1st transaction in the United States.
  • This is Nationwide Property & Appraisal Services’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2020-02-12
Target Olde City Lending Solutions
Sector Business Services
Buyer(s) Nationwide Property & Appraisal Services
Deal Type Add-on Acquisition
Advisor(s) Berkery, Noyes & Co. (Financial)

Target

Olde City Lending Solutions

Warminster, Pennsylvania, United States
Olde City Lending Solutions LLC is an appraisal management company that serves banks and credit unions, as well as many leading retail and wholesale mortgage lenders. For over a decade, the company’s expertise has been providing excellent service, a strong panel of appraisers, and impressive compliance and quality control capabilities to its clients, with a deep knowledge of the Philadelphia market and greater region. Olde City was founded in 2008 and is based in Warminster, Pennsylvania.

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Buyer(S) 1

Buyer

Nationwide Property & Appraisal Services

Voorhees, New Jersey, United States

Category Company
Founded 2008
Sector Business Services
DESCRIPTION

Nationwide Property & Appraisal Services is an appraisal management company specializing in the management of appraisal and property valuation services for residential and commercial property lenders. Nationwide Property & Appraisal Services was founded in 2008 and is based in Voorhees, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1