Rocket Companies Acquires Mr. Cooper Group
March 31, 2025
Rocket Companies (NYSE: RKT) announced a definitive all‑stock agreement to acquire Mr. Cooper Group Inc. and bring together Rocket's origination capabilities with Mr. Cooper's servicing platform to create an end‑to‑end homeownership platform. The deal was announced as an all‑stock transaction with $9.4 billion in equity value and later reported closed as a $14.2 billion acquisition; the combination is expected to drive significant recapture, data/AI synergies and roughly $500 million of annual run‑rate revenue and cost benefits.
- Buyers
- Rocket Companies, Inc.
- Targets
- Mr. Cooper Group Inc.
- Sellers
- Mr. Cooper shareholders
- Industry
- Financial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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