Mr. Cooper Group Acquires Home Point Capital

Rocket Companies Acquires Mr. Cooper Group

March 31, 2025

Financial Services

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.

Mr. Cooper Acquires Flagstar Bank's Mortgage Operations

November 1, 2024

Financial Services

Mr. Cooper Group Inc. has closed its previously announced acquisition of Flagstar Bank N.A.'s mortgage operations, acquiring MSRs, advances, subservicing contracts, and Flagstar's third-party origination platform for approximately $1.3 billion in cash. The deal expands Mr. Cooper's servicing and origination capabilities and transfers Flagstar's mortgage customers and team members to Mr. Cooper, with full operational integration expected in early 2025.

Smith Financial Corporation Acquires Home Capital Group Inc.

November 21, 2022

Financial Services

Smith Financial Corporation (via a wholly-owned purchaser) acquired all outstanding shares of Home Capital Group Inc. in a court-approved plan of arrangement, paying CAD 44.00 per share (increased to CAD 44.28 per share due to a post-May 20, 2023 closing adjustment). The transaction valued Home Capital at approximately CAD 1.7 billion, will result in Home Capital being taken private and its common shares delisted from the Toronto Stock Exchange.

Twin Point Capital Acquires Controlling Interest in Frontpoint Security

October 9, 2020

Professional Services

Twin Point Capital LLC has purchased a controlling interest in Frontpoint Security, a U.S.-based provider of DIY home security and smart home technology. The private investment will provide Frontpoint with capital and strategic guidance to support technological innovation, service reliability and customer experience enhancements; terms were not disclosed.

Investcorp Acquires Marble Point Credit Management

December 2, 2022

Financial Services

Investcorp has agreed to acquire Marble Point Credit Management LLC, a US-based CLO manager, to expand and scale its global credit platform. The deal will combine Marble Point's roughly $7.8 billion AUM with Investcorp Credit Management to create a larger credit platform (about $22 billion AUM) and strengthen Investcorp's CLO and broadly syndicated loan capabilities.

Wealth Enhancement Group Acquires Kings Point Capital Management

June 2, 2022

Wealth Management

Wealth Enhancement Group, a Minneapolis-based independent wealth management firm, has acquired Kings Point Capital Management, an independent RIA with offices in Great Neck, New York and Brentwood, Tennessee. The deal brings Kings Point’s $1.7 billion in client assets onto Wealth Enhancement Group’s platform, increasing the firm’s total client assets to about $55 billion and adding a team of five advisors plus 11 support staff.