Guild Holdings Company (NYSE:GHLD) acquired Legacy Mortgage, LLC from Jack Thompson on February 13, 2023. Legacy will become part of Guild?s Southwest region. The acquisition was funded with cash on hand of approximately $2.9 million.

Guild Holdings Company (NYSE:GHLD) completed the acquisition of Legacy Mortgage, LLC from Jack Thompson $5 million on February 13, 2023. The total fair value of consideration transferred was $5 million, which consisted of $3.3 million of cash and the fair value of contingent consideration of $1.7 million.