M&A Deal Summary

Rithm Capital Acquires Guardian Asset Management

On August 19, 2019, Rithm Capital acquired real estate company Guardian Asset Management

Acquisition Highlights
  • This is Rithm Capital’s 1st transaction in the Real Estate sector.
  • This is Rithm Capital’s 2nd transaction in the United States.
  • This is Rithm Capital’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2019-08-19
Target Guardian Asset Management
Sector Real Estate
Buyer(s) Rithm Capital
Deal Type Add-on Acquisition

Target

Guardian Asset Management

Levittown, Pennsylvania, United States
DGG RE Investments LLC is a provider of field services and property management to government agencies, financial institutions, and asset management firms. Guardian’s suite of field services includes: inspections, property preservation, repairs, real estate owned property management and hazard claims. DGG RE Investments LLC was founded in 2007 and is based in Levittown, Pennsylvania.

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Buyer(S) 1

Buyer

Rithm Capital

New York, New York, United States
Category Company
Founded 2011
Sector Real Estate
Employees6,570
Revenue 2.1B USD (2023)
DESCRIPTION

Rithm Capital is a real estate investment trust that focuses on opportunistically investing in, and actively managing, investments primarily related to residential real estate. Rithm Capital was founded in 2011 and is based in New York, New York.

DEAL STATS #
Overall 3 of 5
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 3 of 4
State (Pennsylvania) 1 of 1
Country (United States) 2 of 4
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-29 Shellpoint Partners

New York, New York, United States

Shellpoint Partners LLC is a vertically integrated mortgage platform provides opportunities for a wide spectrum of qualified borrowers, and through Shellpoint’s securitization program, to qualified investors.

Buy $190M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-14 Caliber Home Loans

Coppell, Texas, United States

Caliber Home Loans is a financial services company that provides residential mortgage loans. Caliber is an approved Seller/Servicer for both Fannie Mae and Freddie Mac, an approved issuer for Ginnie Mae, and is an approved servicer for FHA, VA, and the USDA. Caliber Home Loans was founded in 1963 and is headquarters in Coppell, Texas

Buy $1.7B
Mergr

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