M&A Deal Summary

The Change Co. Acquires Connect Escrow

On April 28, 2021, The Change Co. acquired business services company Connect Escrow

Acquisition Highlights
  • This is The Change Co.’s 1st transaction in the Business Services sector.
  • This is The Change Co.’s 1st transaction in the United States.
  • This is The Change Co.’s 1st transaction in California.

M&A Deal Summary

Date 2021-04-28
Target Connect Escrow
Sector Business Services
Buyer(s) The Change Co.
Deal Type Add-on Acquisition

Target

Connect Escrow

Agoura Hills, California, United States
Connect Escrow is a woman-founded and operated company licensed by the California Department of Financial Protection & Innovation to provide escrow settlement services for real estate transactions. Connect Escrow is a green company that operates through its proprietary digital platform to serve the entire state of California from its headquarters in Los Angeles.

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Buyer(S) 1

Buyer

The Change Co.

Irvine, California, United States

Category Company
Sector Business Services
DESCRIPTION

The Change Co. empowers homeowners, small businesses, and consumers to pursue their American dreams by bringing social and racial equity to banking and lending. The Change Co. team has built businesses that have lent American consumers and businesses over $50 billion dollars, served 250,000+ borrowers, and provided financial services, directly or through partnerships, to over 2 million Americans. The Change Co. is based in Irvine, California.


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: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1