An unknown fund managed by Bayview Asset Management, LLC agreed to acquire Guild Holdings Company (NYSE:GHLD) for approximately $1.3 billion on June 17, 2025. Guild executives and management team, critical to ongoing growth and performance, will also remain in place. There will be no material change to Guild?s brand, business operations or customer experience as a result of the agreement. The transaction is expected to close in the fourth quarter of 2025, subject to the satisfaction of customary closing conditions, stockholder approval. The transaction is not subject to any financing conditions. Upon completion of the transaction, Guild will operate as a privately held independent entity.
Morgan Stanley & Co. LLC acted as financial advisor and Sullivan & Cromwell LLP acted as legal advisor for Guild Holdings Company. Goldman Sachs & Co. LLC acted as financial advisor and Simpson Thacher & Bartlett LLP acted as legal advisor for Bayview Asset Management, LLC.