Hometown Equity Mortgage

 In
Engagement
Management Buyout

Frontier acted as an exclusive financial advisor to, and assisted with the negotiations as representative of, Hometown Equity Mortgage in initiating and consummating this transaction.


RESULTS
Frontier acted as the exclusive advisor on the recapitalization creating compelling marketing materials for the business, developing a strong potential investor pool, and generating competition among those potential investors to serve as a financial partner to the minority owner. The sale and marketing process led to a very competitive process which served as a catalyst to drive the consummation of a transaction that was mutually satisfactory to all of the involved parties.
CLIENT
Hometown provides a comprehensive range of mortgage solutions as a category-leading mortgage originator.
SITUATION
Hometown’s minority owner had always served as Hometown’s President and active manager, while Hometown’s majority owners had never been active in the business. The minority owner wanted to purchase the equity of his majority partners.

Related Transactions

HOK Sports Facilities Group, LLC (now called Populous) entered into an agreement to consummate a management buyout from its parent company HOK, Inc.