M&A · Financials · Mortgage Bankers & Loan Correspondents
Bayview to acquire Guild Holdings Co
Announced Jun 17, 2025 · Closed Nov 28, 2025
Deal value$1.30B
Premium56.0%To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash$20.00 per share
Transaction
- Acquirer
- Bayview
- Target
- Guild Holdings Co (GHLD)
- Buyer type
- Private equity
- Offer price per share
- $20.00
- Enterprise value
- —
- Status
- Closed Nov 28, 2025
Deal protections
- Break fee (target pays)
- $38.0M · 2.9%
- Reverse fee (buyer pays)
- $72.9M · 5.6%
- Go-shop
- No-shop
- Financing
- Committed · Morgan Stanley
Advisors
- To the acquirer
- Goldman Sachs
- To the target
- Morgan Stanley
Sector context · Financials
- Comparable deals
- 59 in the prior 24 months
- Premium
- 56.0% vs. 34.0% sector median
- EV / Adj. EBITDA
- Sector median 11.7x
- Break fee
- 2.9% vs. 3.7% sector median
Timeline
- AnnouncedJun 17, 2025
- Proxy filedSep 10, 2025
- Definitive proxySep 22, 2025
- Shareholder vote—
- ClosedNov 28, 2025
Valuation · fairness opinions
Trading comparables$11.06$14.55
Offer $20.00
Implied value per Guild Holdings Co share by analysis, from Morgan Stanley.