Spring EQ will still be helmed by current management, including founder and CEO Jerry Schiano.
The companies didn’t disclose financial terms.
Explore the latest trends in mortgage origination, focusing on digital transformation, personalized lending, and innovative strategies in a changing real estate market.
Estimated reading time: 0 minutes, 14 seconds
Mortgage lender Spring EQ has agreed to an acquisition by private equity firm Cerberus Capital Management. So reports PE Hub.
Spring EQ will still be helmed by current management, including founder and CEO Jerry Schiano.
The companies didn’t disclose financial terms.