M&A · Financials · Buyer's industry: Real Estate Investment Trusts
Ready Capital Corp to acquire United Development Funding IV
Announced Dec 2, 2024 · Closed Mar 13, 2025 · Private target
Deal value$94M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock$2.44 per share
Transaction
- Acquirer
- Ready Capital Corp (RC)
- Target
- United Development Funding IV
- Buyer type
- Strategic
- Offer price per share
- $2.44
- Enterprise value
- —
- Status
- Closed Mar 13, 2025
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Piper Sandler
- To the target
- Moelis
Classification
- Sector
- Financials
- Buyer's industry
- Real Estate Investment Trusts