PHILADELPHIA, Nov 22, 2017 (business wire) — Radian Group Inc. RDN, –0.53% today announced that it has completed the sale of Clayton EuroRisk, a provider of outsourced mortgage services in Europe.
Radian Group (NYSE: RDN) has completed the acquisition of clayton holdings llc.As previously disclosed, Radian Group paid aggregate cash consideration of $305 million, subject to customary.
Radian Group said Tuesday it agreed to buy Clayton Holdings for $305 million in cash, which includes repayment of Clayton’s debt. The seller is Greenfield Partners, which acquired Clayton in 2008.
Radian Group is restructuring its business by intensifying focus on core business and services with higher-growth potential and ensuring more predictable and recurring fee-based revenues. Recently, the company divested its Clayton EuroRisk to a global investment firm.
Financial Services M&A – Last 3 years. clayton Holdings was acquired by Radian Group on July 1, 2014.. When analyzing the financial services sector as a whole, according to Mergr, in the last 3 years, there are 450 financial services companies that have made at least 1 acquisition, 21 have acquired at least 5 companies, and 3 have acquired more than 10 companies.
Recently hot housing markets now see biggest sales declines We are now a little. remained hot, the biggest news is that demand in several east-of-the-river communities grew substantially this year. Here is a snapshot of D.C.’s real estate market according.
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The average salary for Clayton Holdings, Inc. employees is $75,790 per year. Visit PayScale to research Clayton Holdings, Inc. salaries, bonuses, reviews, benefits, and more!
PHILADELPHIA–(BUSINESS WIRE)–Radian Group Inc. announced today that it has appointed Jeff Tennyson to serve as interim president of Clayton Holdings LLC, Radian’s principal mortgage and real.
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Radian's (RDN) CEO Richard Thornberry on Q2 2017 Results. – We believe the combination of risk analytics and business intelligence at Radian and Clayton is a unique advantage for us and we feel we are well positioned to assess and price mortgage credit.