Greenfield sells Clayton Holdings to Radian
Radian Group said Tuesday it agreed to buy Clayton Holdings for $305 million in cash, which includes repayment of Clayton's debt. The seller is Greenfield Partners, which acquired Clayton in 2008 for about $134 million. Shelton, Conn.-based Clayton provides outsourced mortgage services, like loan review and diligence, to financial institutions, investors and government entities. Raymond James' Technology Services group advised Clayton/Greenfield on the transaction. Goldman Sachs advised Radian.
6 May 2014•8 mins read
