M&A Deal Summary

Western Alliance Bank Acquires AmeriHome

On February 16, 2021, Western Alliance Bank acquired financial services company AmeriHome for 1.0B USD

Acquisition Highlights
  • This is Western Alliance Bank’s 2nd transaction in the Financial Services sector.
  • This is Western Alliance Bank’s largest (disclosed) transaction.
  • This is Western Alliance Bank’s 2nd transaction in the United States.
  • This is Western Alliance Bank’s 2nd transaction in California.

M&A Deal Summary

Date 2021-02-16
Target AmeriHome
Sector Financial Services
Buyer(s) Western Alliance Bank
Deal Type Add-on Acquisition
Deal Value 1.0B USD
Advisor(s) Houlihan Lokey
Wells Fargo Securities (Financial)
Sidley (Legal)

Target

AmeriHome

Thousand Oaks, California, United States
website
AmeriHome is a residential mortgage acquirer and servicer focused on driving profitable growth across market environments. The firm operates three complementary business segments: Correspondent, Consumer Direct and Servicing. AmeriHome was founded in 2013 and is based in Thousand Oaks, California.

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Buyer(S) 1

Buyer

Western Alliance Bank

Phoenix, Arizona, United States

website


Category Company
Founded 1994
Sector Financial Services
Employees1,947
Revenue 2.3B USD (2022)
DESCRIPTION

Western Alliance Bank is a bank holding company providing comprehensive business banking and related financial services through its wholly owned banking subsidiary, Western Alliance Bank. With local teams of experienced bankers, Western Alliance Bank provides a superior level of capabilities, products and services, to assist the growth of local businesses and the quality of life in the markets it serves. Western Alliance Bank was founded in 1994 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 2 of 3
Sector (Financial Services) 2 of 2
Type (Add-on Acquisition) 1 of 2
State (California) 2 of 3
Country (United States) 2 of 3
Year (2021) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-30 Bridge Capital Holdings

San Jose, California, United States

Bridge Capital Holdings is a holding company for Bridge Bank, National Association (N.A.). Bridge Bank, N.A.is a full-service professional business bank. Bridge Bank’s technology banking division provides a broad range of financial solutions to venture-backed and non-venture-backed companies, enabling it to meet its clients’ varied needs across all stages of business life.

Buy $425M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-27 Digital Disbursements

Manhattan Beach, California, United States

Digital Disbursements is a digital payments platform for the class action legal industry. Digital Disbursements was founded in 2019 and is based in Manhattan Beach, California.

Buy -