M&A Deal Summary

SitusAMC Acquires Street Resource Group

On February 23, 2021, SitusAMC acquired information technology company Street Resource Group

Acquisition Highlights
  • This is SitusAMC’s 2nd transaction in the Information Technology sector.
  • This is SitusAMC’s 10th transaction in the United States.
  • This is SitusAMC’s 1st transaction in Georgia.

M&A Deal Summary

Date 2021-02-23
Target Street Resource Group
Sector Information Technology
Buyer(s) SitusAMC
Deal Type Add-on Acquisition
Advisor(s) Berkery, Noyes & Co. (Financial)

Target

Street Resource Group

Savannah, Georgia, United States
Street Resource Group, Inc. is a technology provider to the Mortgage Banker Finance (“Warehouse Lending”) space. Street Resource Group was founded in 1986 and is based in Savannah, Georgia.

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Buyer(S) 1

Buyer

SitusAMC

New York, New York, United States

Category Company
Founded 1985
Sector Business Services
DESCRIPTION

SitusAMC is a provider of end-to-end strategic business solutions and integrated process and technology solutions for the financial services Industry, and also has offered customized services to leading financial institutions, investors, owners, and developers. SitusAMC was founded in 1985 and is based in New York, New York.


DEAL STATS #
Overall 11 of 11
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 10 of 10
State: Georgia M&A 1 of 1
Country: United States M&A 10 of 10
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-25 Assimilate Solutions

Tucson, Arizona, United States

Assimilate Solutions LLC is a provider of mortgage, title & settlement fulfillment services, and technology-enabled solutions. Assimilate's deep mortgage experience and service offerings play a critical role in gaining cost and operational efficiencies for our clients. Assimilate has offices in the U.S. and India.

Buy -