Incenter Announces Planned Acquisition of Interactive Mortgage Advisors
SAINT PAUL, MN (FEBRUARY 10, 2016) – Incenter LLC, a Blackstone portfolio company, announced today that it has signed a definitive agreement, subject to customary closing conditions, to acquire the assets of Interactive Mortgage Advisors, LLC (IMA). The acquisition is expected to close by March 31, 2016. IMA will continue to focus on Mortgage Servicing Rights (MSR) brokerage and independent asset valuation as part of Incenter’s Secondary Markets Solutions platform, which provides advisory services to financial services companies, including hedge advisory services, best execution analysis, MSR valuation and sales, pricing model development and management, dynamic reporting and analysis, direct to investor whole loan trading, securitization and product development.
“The union with Incenter is a game changer for our clients as it allows them to benefit from a broader array of service and product offerings, including additional secondary markets services, world class analytics and access to capital,” said Thomas M. Piercy, Managing Director for Interactive Mortgage Advisors.
“With the acquisition of Interactive Mortgage Advisors, Incenter adds a key set of services and capabilities that will enhance our ability to service the needs of our clients. We are delighted to add such a high caliber team that will continue to be led by Managing Directors Tom Piercy and Chris John,” said Nicholas Smith, Incenter’s President.
Incenter is a Blackstone portfolio company headquartered in Saint Paul, Minnesota. Incenter employs over 300 professionals worldwide to provide its lender clients operating in the mortgage and specialty finance markets with access to capital, secondary markets solutions and fulfillment services.
For all inquiries, please contact Media Relations at email@example.com
or (866) 506-0577.