CrossCountry Mortgage LLC
Classification
Private
About
About
CrossCountry Mortgage, LLC was founded in 2003 by Ronald J. Leonhardt Jr. and is headquartered in Cleveland, Ohio. The company operates as a retail mortgage lender providing services across all 50 states. It facilitates home financing for a significant portion of the U.S. market, focusing on home purchases, refinancing, and home equity solutions. Business/Product Breakdown: CrossCountry Mortgage offers a suite of residential lending products designed to assist consumers with homeownership and debt management. The company provides pre-approval services, conventional home loans, refinancing options, and tools to tap into home equity. Through its digital platform and mobile application, borrowers can manage the entire loan lifecycle, including checking balances, viewing account details, and making mortgage payments. The firm also provides specialized support for general aviation through services like fixed-base operations at airports.
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
Keywords
Keywords
Classified
Private