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  6. Velocity Acquires Century Health & Housing Capital

M&A Deal Summary

Velocity Acquires Century Health & Housing Capital

On December 28, 2021, Velocity acquired financial services company Century Health & Housing Capital

Acquisition Highlights
  • This is Velocity’s 1st transaction in the Financial Services sector.
  • This is Velocity’s 1st transaction in the United States.
  • This is Velocity’s 1st transaction in New York.

M&A Deal Summary
Date 2021-12-28
Target Century Health & Housing Capital
Sector Financial Services
Buyer(s) Velocity
Deal Type Add-on Acquisition

Target

Century Health & Housing Capital

Saratoga Springs, New York, United States
Century Health & Housing Capital provides government-insured federal housing administration (FHA) mortgage financing for multifamily housing, senior housing and long-term care/assisted living facilities. Century Health & Housing Capital was founded in 1992 and is based in Saratoga Springs, New York.

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Buyer(S) 1

Buyer

Velocity

Westlake Village, California, United States
Category Company
Founded 2004
Sector Financial Services
Employees309
Revenue 212M USD (2024)
DESCRIPTION

Velocity is a vertically integrated real estate finance specialist that provides innovative financing solutions for 1–4 unit residential rental and small commercial properties. The company operates in a large and highly fragmented market with substantial demand for financing, but one with limited options available to borrowers who do not qualify for more traditional financing programs. Velocity was founded in 2004 and is based in Westlake Village, California.

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: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
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