M&A Deal Summary

Universal American Mortgage Co. Acquires Pinnacle Mortgage Group

On April 7, 2014, Universal American Mortgage Co. acquired financial services company Pinnacle Mortgage Group

Acquisition Highlights
  • This is Universal American Mortgage Co.’s 1st transaction in the Financial Services sector.
  • This is Universal American Mortgage Co.’s 1st transaction in the United States.
  • This is Universal American Mortgage Co.’s 1st transaction in Colorado.

M&A Deal Summary

Date 2014-04-07
Target Pinnacle Mortgage Group
Sector Financial Services
Buyer(s) Universal American Mortgage Co.
Deal Type Add-on Acquisition

Target

Pinnacle Mortgage Group

Lakewood, Colorado, United States
Pinnacle Mortgage Group, Inc. is a mortgage banking services company.

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Buyer(S) 1

Buyer

Universal American Mortgage Co.

Clearwater, Florida, United States

Category Company
Sector Financial Services
DESCRIPTION

Universal American Mortgage Co., LLC is a real estate and financial services provider. UAMC primarily provides financing solutions for home buyers purchasing homes built by Lennar Corporation.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1