Financial Services Acquisitions in 2016
Acquisition Volume in Financial Services in 2016 by Year
Last 5 years
Actual
Full-year estimate
-
October 28, 2016
- Buyer
- Altisource Portfolio Solutions S.A.
- Target
- Granite Loan Management, LLC
- Industry
- Financial Services
- Location
- Colorado, United States
- Type
- Buyout
Altisource Portfolio Solutions S.A. has acquired Granite Loan Management, LLC, a Centennial, Colorado-based construction loan disbursement, inspection and risk-mitigation services provider for lenders. The purchase expands Altisource's mortgage and lender-solutions capabilities by adding Granite's construction-lending portfolio management, inspection and fund-control services.
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