Western Alliance Bancorporation Acquires AmeriHome Mortgage Company

February 16, 2021

Western Alliance Bancorporation has executed a definitive agreement to acquire Aris Mortgage Holding Company, the parent of AmeriHome Mortgage Company, for an estimated aggregate purchase price of $1.0 billion in cash (including $275 million cash consideration plus adjusted tangible book value). The deal brings a national B2B mortgage acquirer and servicer to Western Alliance — AmeriHome purchased about $65 billion of originations in 2020 and managed a $99 billion mortgage servicing portfolio as of December 31, 2020 — and is expected to be accretive to earnings and enhance fee / non-interest income.

Buyers
Western Alliance Bancorporation
Targets
AmeriHome Mortgage Company, LLC (Aris Mortgage Holding Company)
Location
California, United States
Transaction Type
Buyout

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