Investment Summary

Aldine Capital Partners, Quabbin Capital and Lometa Capital Partners Invest In The Mortgage Office

On November 12, 2020, mezzanine finance firm Aldine Capital Partners, asset manager Quabbin Capital and family office Lometa Capital Partners invested in software company The Mortgage Office

Investment Highlights
  • This is Aldine Capital Partners’ 2nd, Quabbin Capital’s 1st and Lometa Capital Partners’ 1st transaction in the Software sector.
  • This is Aldine Capital Partners’ 47th, Quabbin Capital’s 9th and Lometa Capital Partners’ 2nd transaction in the United States.
  • This is Aldine Capital Partners’ 3rd, Quabbin Capital’s 2nd and Lometa Capital Partners’ 1st transaction in California.

Investment Summary

Date 2020-11-12
Target The Mortgage Office
Sector Software
Investor(s) Aldine Capital Partners
Quabbin Capital
Lometa Capital Partners
Deal Type Growth Capital

Target

The Mortgage Office

Huntington Beach, California, United States
The Mortgage Office is a cloud-based platform provider for the private lending industry, primarily serving private lending institutions, non-profits, municipalities, fund administrators, and franchisors. ABS’s technology solutions enable lenders to service more loans, lower servicing costs, and reduce the time to close, all while ensuring the highest levels of compliance, quality, and efficiency. The Mortgage Office was founded in 1978 and is based in Huntington Beach, California.

Search 214,503 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 3

Investor

Aldine Capital Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 2005
PE ASSETS 750M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Aldine Capital Partners is a mezzanine investment firm that provides mezzanine and junior capital financing to lower middle-market companies generating sales of at least $10 million and at least $2 million in EBITDA. Aldine invests in the range of $5 to $25 million per transaction. Types of transactions include management buyouts, acquisition financings, shareholder liquidity events, recapitalizations, and growth financings of smaller middle-market companies. Aldine will consider investments across the United States, but has a primary focus on opportunities in the Midwest. The Firm will not consider investments in start-ups, turnarounds, real estate, insurance, banking, and oil/gas. Aldine Capital was formed in 2005 and is based in Chicago, Illinois.


DEAL STATS #
Overall 47 of 74
Sector: Software M&A 2 of 3
Type: Growth Capital M&A Deals 11 of 30
State: California M&A 3 of 5
Country: United States M&A 47 of 74
Year: 2020 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-12 TexDoor

San Antonio, Texas, United States

TexDoor is a full-service overhead door fabricator and value-added distributor that is uniquely equipped to modify and customize products. TexDoor largely serves the commercial overhead door needs for the South-Central Texas market. TexDoor also offers new product installation and aftermarket service consisting of maintenance, repair, performance testing, and replacement installation services. TexDoor was founded in 1989 and is based in San Antonio, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-03 R3 Wound Care and Hyperbarics

Ft. Worth, Texas, United States

R3 Wound Care and Hyperbarics is a provider of high quality, outpatient wound care clinics, and hyperbaric oxygen therapy (“HBOT”) centers. R3 specializes in treating diabetic ulcers, arterial insufficiency wounds, radiation wounds, and non-diabetic surgical wounds. R3 Wound Care and Hyperbarics is based in Fort Worth, Texas.

Buy -
Investor

Quabbin Capital

Boston, Massachusetts, United States

Investor Investor


Category Asset Manager
Founded 1974
Size Small
Type Sector Agnostic
DESCRIPTION

Quabbin Capital is a private investment group focused on alternative asset investments in the US and abroad. Quabbin looks for opportunities in private equity, mezzanine loans, venture capital, energy, real estate, and hedge funds. Within private equity, Quabbin pursues equity and junior capital investments in established, profitable manufacturing or business service companies with revenues of $10 to $50 million. Quabbin Capital was formed in 1974 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 9 of 9
Sector: Software M&A 1 of 1
Type: Growth Capital M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 9 of 9
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-29 Archon Woodworks

Omaha, Nebraska, United States

Archon Woodworks, Inc. is a manufacturer and designer of wood kitchen cabinet accessories to kitchen cabinet manufacturers and hardware distributors. Archon Woodworks was founded in 1983 and is based in Omaha, Nebraska.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-01 Chandler Signs

Fort Worth, Texas, United States

Chandler Signs is a provider of exterior on-premise signs for multi-site companies in a wide variety of end markets including retail, restaurant, financial services, pharmacy, entertainment, and hospitality. Chandler Signs was founded in 1978 and is based in Fort Worth, Texas.

Sell -
Investor

Lometa Capital Partners

Investor Investor


Category Family Office
Founded 2019
PE ASSETS 75M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Lometa Capital Partners is a multi-family backed investment firm focused on acquiring lower middle-market, profitable, manufacturing, industrial, and business services companies valued up to $75 million. The Firm will consider businesses throughout North America and seeks a variety of control investment situations including recapitalizations, buyouts, and growth capital financings. Lometa Capital Partners was formed in 2019 and is based in Sugar Land, Texas.


DEAL STATS #
Overall 2 of 7
Sector: Software M&A 1 of 2
Type: Growth Capital M&A Deals 1 of 2
State: California M&A 1 of 2
Country: United States M&A 2 of 7
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-01 Monaco

Spokane, Washington, United States

Monaco is a manufacturer and service provider of incident response and emergency management solutions for U.S. Government, and industrial facilities that are essential to the safety and security of military bases, domestic and international. Through the development of technology and product designs, Monaco has established strong customer bases, delivering products that canvass fire monitoring, mobile-first responder dispatch, and integrated emergency incident management.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 KensieMae

Eden, New York, United States

KensieMae is a consultation services company that specializes in Mortgage Banking & Lending operations. With over a decade of successful company start-up management, operational and underwriting management, workflow development, platform creation and expansion, and LOS design, support, training and implementation experience, KensieMae provides real-world, hands-on experience, guidance and expertise to today’s challenging lending environment.

Buy -