Guild Holdings Company (GHLD) has entered into a definitive agreement for a fund managed by Bayview Asset Management, LLC to acquire all outstanding shares of the company’s common stock not currently owned by the fund.
The all-cash deal values the transaction at approximately $1.3 billion in total equity.
Following completion, Guild Holdings Company will operate as a privately held independent entity.
The company will continue a close partnership with Lakeview Loan Servicing, LLC.
Stockholders of Guild Holdings Company will receive $20.00 in cash per share under the agreement.
This transaction consideration represents a premium of about 56%.
The Board of Directors of Guild Holdings Company also plans to approve a special cash dividend of up to $0.25 per share in 2025.
The transaction is expected to be finalized in the fourth quarter of 2025.