Sidley Austin LLP represented SitusAMC, portfolio company of Stone Point Capital, in its acquisition of Alan King and Company, Inc. Sheppard, Mullin, Richter & Hampton LLP represented Alan King and Co.
SitusAMC Holdings Corp., the leading provider of services and technology solutions to the real estate finance industry, has acquired technology provider, Alan King and Company, Inc. AKC’s master servicing and loan accounting software solution, SBO 2000, will join SitusAMC’s growing technology portfolio, integrating with existing SitusAMC technologies to provide comprehensive support for participants across the real estate spectrum.
AKC’s technology, SBO 2000, is a complete master servicing system, combining cashiering, data entry, accounting, and investor reporting functions into one platform. The platform supports many of the largest banks in the country with more than two million mortgages currently being managed on the platform.
The Sidley team was led by Brien Wassner (Picture) and included Alan Charles Raul, Rachel Konne, Ashley Moulder, Audry Casusol, E. Kyle Barnett and Dan Altman.
The Sheppard Mullin team, led by partner Josh Dean, included partner Carlo Van den Bosch and associates Linda Igarashi, Allen Babajanian, and John Crisp.
Involved fees earner: Allen Babajanian – Sheppard Mullin; John Crisp – Sheppard Mullin; Joshua Dean – Sheppard Mullin; Linda Igarashi – Sheppard Mullin; Carlo Van den Bosch – Sheppard Mullin; Daniel Altman – Sidley Austin LLP; Kyle Barnett – Sidley Austin LLP; Audry Casusol – Sidley Austin LLP; Rachel Konne – Sidley Austin LLP; Ashley Moulder – Sidley Austin LLP; Alan Charles Raul – Sidley Austin LLP; Brien Wassner – Sidley Austin LLP;