Ready Capital Acquires Madison One
June 11, 2024
Ready Capital Corporation has acquired Madison One (including M1 CUSO and Madison One Lender Services), a Scottsdale-based originator and servicer of USDA- and SBA-guaranteed loans. The acquisition expands Ready Capital's USDA lending presence, is expected to generate substantial USDA volume, and will have Madison One operate as a Ready Capital subsidiary under its current name.
- Buyers
- Ready Capital Corporation
- Targets
- Madison One, M1 CUSO, Madison One Lender Services
- Industry
- Financial Services
- Location
- Arizona, United States
- Transaction Type
- Buyout
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