Daily News: July 2, 2019

Capital One Leads $500MM Facility to Support AMC-Situs Merger


Capital One Sponsor Finance led a $500 million senior credit facility in support of the merger between American Mortgage Consultants and Situs Holdings, both existing portfolio companies of Stone Point Capital.

Capital One acted as lead arranger and administrative agent for the transaction.

“Capital One provided us with a unique financing solution, demonstrating not just their responsiveness but their understanding of our business goals and capital needs,” said Andrew Reutter, principal at SPC.

AMC is a provider of outsourced consulting and technology services to the U.S. residential secondary mortgage market.

SPC is a financial services-focused private equity firm based in Greenwich, CT.