SitusAMC Acquires Street Resource Group
February 23, 2021
SitusAMC Holdings Corp. has acquired Street Resource Group, Inc., the provider of the Warehouse Loan System (WLS), expanding SitusAMC’s warehouse lending technology suite alongside its ProMerit system. The acquisition brings SRG’s WLS capabilities and team (with founder Stanley Street joining as Vice Chairman, SitusAMC Technologies) into SitusAMC to better serve warehouse lenders and independent mortgage originators; financial terms were not disclosed.
- Buyers
- SitusAMC Holdings Corp.
- Targets
- Street Resource Group, Inc.
- Industry
- Software
- Location
- New York, United States
- Transaction Type
- Buyout
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