M&A Deal Summary

Waterfall Asset Management Acquires Strong Home Mortgage

On June 1, 2020, asset manager Waterfall Asset Management acquired financial services company Strong Home Mortgage

Acquisition Highlights
  • This is Waterfall Asset Management’s 3rd transaction in the Financial Services sector.
  • This is Waterfall Asset Management’s 4th transaction in the United States.
  • This is Waterfall Asset Management’s 1st transaction in Virginia.

M&A Deal Summary
Date 2020-06-01
Target Strong Home Mortgage
Sector Financial Services
Buyer(s) Waterfall Asset Management
Deal Type Buyout (LBO, MBO, MBI)

Target

Strong Home Mortgage

Manassas, Virginia, United States
Strong Home Mortgage is a provider of first-rate home mortgage services. Strong Home Mortgage is based in Manassas, Virginia.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Waterfall Asset Management

Investor Investor

Category Asset Manager
Founded 2005
PE ASSETS 11.2B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Waterfall Asset Management is an institutional asset manager focused on structured credit (asset-backed securities and loans) and private equity investments. Waterfall was founded in 2005 and is headquartered in New York City.

DEAL STATS #
Overall 4 of 7
Sector (Financial Services) 3 of 4
Type (Buyout (LBO, MBO, MBI)) 2 of 4
State (Virginia) 1 of 1
Country (United States) 4 of 7
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-11 Flex Fleet Rental

Salt Lake City, Utah, United States

Flex Fleet Rental is a truck rental company that provides customers with the flexibility to manage the demands of their business at a profitable margin. Flex Fleet Rental was established in 2012 and is based in Salt Lake City, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 Mission Loans

Irvine, California, United States

Mission Loans offers mortgage loan services. Mission Loans is based in Irvine, California.

Buy -
Mergr

Product

Company

Legal