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Guild Mortgage Company Acquires Liberty Financial Group and Expands Reach to High Credit-Quality Borrowers
Guild Mortgage Company recently completed the acquisition of Liberty Financial Group, a Bellevue, WA residential mortgage bank. Liberty annually originates close to $1 billion of prime home loans through its network of branches located predominately in Washington and Colorado.
We believe there are substantial opportunities in particular markets to acquire high-quality residential mortgage originators and mortgage servicing portfolios.
Guild Mortgage Company was acquired in 2007 through a partnership formed with the senior management of Guild Mortgage and McCarthy Capital. “McCarthy Capital’s approach combines the stability we were looking for in a partner with the resources we needed for continued growth,” said Mary Ann McGarry, President and CEO of Guild. “Our partnership with McCarthy Capital will help us continue to expand our reputation and reach within the mortgage industry.”
“We are pleased that Mary Ann and her team have been able to act so quickly in the advancement of Guild’s growth strategy with this acquisition of Liberty. Because Mary Ann and her team understand this complex industry they can jump at opportunities that others are not equipped to advance,” said Robert Myers, a Partner at McCarthy Capital Corporation. “We believe there are substantial opportunities in particular markets to acquire high-quality residential mortgage originators and mortgage servicing portfolios.”
About Guild Mortgage Company
Guild Mortgage Company is a 46 year-old, privately owned mortgage banking company focused on originating, servicing and selling residential loan products primarily in California and other western states. www.guildmortgage.com
About McCarthy Capital
McCarthy Capital Corporation is an Omaha-based private equity firm with approximately $1 billion under management. McCarthy Capital is a subsidiary of McCarthy Group, LLC.
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