- Category
- Defining Matters
- Date
- July 17, 2019
- Title
-
Kramer Levin Advises Stone Point Capital in Acquisition of First Associates Loan Servicing
On July 16, 2019, Kramer Levin client Stone Point Capital LLC announced that funds managed by Stone Point have acquired a majority interest in First Associates Loan Servicing LLC. As part of the transaction, First Associates and Portfolio Financial Servicing Company, a current Stone Point portfolio company, will combine operations to form an industry leader specializing in loan and lease servicing, capital markets and customer service support.
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