Bayview Asset Management’s Acquisition of HomeVestors of America

Kirkland & Ellis advised Levine Leichtman Capital Partners on the deal while Locke Lord represented HomeVestors of America.

Levine Leichtman Capital Partners (LLCP) announced its sale of HomeVestors of America to Bayview Asset Management, LLC, a global investment management firm focused specifically on investments in finance, mortgage and consumer credit. Financial terms of the transaction were not disclosed. 

HomeVestors is a real estate investment franchisor, providing services and education to franchisees seeking to operate their own independent, residential real estate investment business.

Levine Leichtman Capital Partners, LLC is a middle-market private equity firm with a 38-year track record of investing across various targeted sectors, including franchising, business services, education and engineered products.

The Kirkland team was led by corporate partners Kevin Mausert (Picture) and Brett Nelson and associates Beau Daen and Will Pretto. 

The Locke Lord team was led by Kevin Twining, with assistance from Seth Roberts, Charles Phipps (all of Dallas) and Daron Janis.

 

Involved fees earner: Beau Daen – Kirkland & Ellis; Kevin Mausert – Kirkland & Ellis; Brett Nelson – Kirkland & Ellis; Will Pretto – Kirkland & Ellis; Daron Janis – Locke Lord; Charles Phipps – Locke Lord; Seth Roberts – Locke Lord; Kevin Twining – Locke Lord;

Law Firms: Kirkland & Ellis; Locke Lord;

Clients: HomeVestors of America; Levine Leichtman Capital Partners;