Inverness Graham Acquires Concord Servicing; Balance Point Provides Financing
February 15, 2022
Inverness Graham has invested in Concord Servicing Corporation, partnering with the company's founding owners to support scaling of its loan servicing and SaaS platform. Balance Point Capital provided a creative financing solution to facilitate Inverness Graham's acquisition; Concord remains headquartered in Scottsdale, Arizona and serves originators, lenders and capital providers across end markets including home improvement, solar/energy efficiency and vacation ownership.
- Targets
- Concord Servicing Corporation
- Sellers
- Founding owners
- Industry
- Financial Services
- Location
- Arizona, United States
- Transaction Type
- Buyout
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