MassMutual Acquires Majority Ownership of Port 51 Lending (formerly Exos Small Business Lending)
January 23, 2025
MassMutual (Massachusetts Mutual Life Insurance Company) has acquired a majority ownership stake in Exos Small Business Lending, which has rebranded as Port 51 Lending. Port 51 will continue operating independently from its New York headquarters and will focus on SBA 7(a) small business lending while leveraging MassMutual's resources to grow the platform.
- Buyers
- Massachusetts Mutual Life Insurance Company (MassMutual)
- Targets
- Port 51 Lending (formerly Exos Small Business Lending)
- Industry
- Financial Services
- Location
- New York, United States
- Transaction Type
- Buyout
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