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  6. Synergy One Lending Acquires BBMC Mortgage

M&A Deal Summary

Synergy One Lending Acquires BBMC Mortgage

On October 31, 2018, Synergy One Lending acquired financial services company BBMC Mortgage

Acquisition Highlights
  • This is Synergy One Lending’s 2nd transaction in the Financial Services sector.
  • This is Synergy One Lending’s 2nd transaction in the United States.
  • This is Synergy One Lending’s 1st transaction in Illinois.

M&A Deal Summary
Date 2018-10-31
Target BBMC Mortgage
Sector Financial Services
Buyer(s) Synergy One Lending
Deal Type Add-on Acquisition

Target

BBMC Mortgage

Chicago, Illinois, United States
BBMC Mortgage offers a full suite of home financing products and services including traditional mortgage products and reverse mortgages through a wide network of loan officers, as well as direct sales channels.

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Buyer(S) 1

Buyer

Synergy One Lending

San Diego, California, United States
Category Company
Founded 2006
Sector Financial Services
DESCRIPTION

Security One Lending, Inc. is a provider of loans for home refinance, home purchase, and home equity. Security One Lending was founded in 2006 and is based in San Diego, California.

DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-18 Security Reverse Mortgage

Gig Harbor, Washington, United States

Security Reverse Mortgage is a provider of information and education services about reverse mortgages process.

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