Rocket Companies, Inc.
Classification
Public
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Rocket Companies, Inc. is a financial technology and services holding company founded in 1985 by Dan Gilbert, with its headquarters located in Detroit, Michigan. The organization operates a suite of businesses focused on personal finance and consumer service industries, primarily centered around homeownership and financial freedom. Formerly known as Rock Financial, the company evolved into Quicken Loans before reorganizing under the Rocket Companies umbrella to unify its diverse brands and digital-first approach. Business/Product Breakdown Rocket Companies provides a digital ecosystem designed to simplify complex transactions through technology and personalized service. Its core offerings include mortgage lending through Rocket Mortgage, which utilizes a proprietary platform to automate the home loan process from application to closing. Beyond mortgages, the company's portfolio encompasses real estate services, personal lending, and automotive sales platforms. These services are supported by integrated technologies aimed at managing the entire lifecycle of consumer finance, including title insurance and property valuation services.
Keywords
Keywords
Classified
Private