Vantium Capital Inc., a mortgage opportunity company, has acquired the assets of Acqura Loan Services, a special mortgage servicer, and two affiliated companies: Strategic Recovery Group, an asset recovery company, and Go Financial Solutions, a specialty lender. Financial details were not announced.
Amy Brandt is now chief executive officer of both Vantium Capital and Acqura. David Vida, founder of Acqura, will remain with the company as president.
Vantium says it plans to invest in Acqura and the other companies to accelerate their growth and to expand their offerings to clients, including hedge funds, institutional investors, government agencies and traditional servicers. Acqura will also become the servicing platform for mortgage assets acquired by a new fund, Vantium Capital Management LP, which is managed by Michael Commaroto.
The servicing and collection companies will remain in the Dallas area. Go Financial will relocate its operations to Dallas from Seattle.
Source: Vantium Capital