The deal follows a interval of fast enlargement for Decrease, together with the launch of a West Coast division in December led by Gino Fronti as the corporate continues to put money into geographic progress and expertise throughout the nation.
The corporate additionally introduced an acquisition of actual property portal Movoto from guardian firm OJO Labs in Could 2025 and software company Neat Labs on the tail finish of 2024.
Based in 2007, Acopia Residence Loans is described as an “unbiased mortgage banking firm headquartered within the Higher Nashville Metropolitan neighborhood of Goodlettsville, Tenn.,” based on a press launch. The corporate operates throughout 12 Southeast states and has constructed its enterprise round native partnerships and a service-oriented method.
“The longer term simply acquired even brighter for our staff. I firmly imagine we’ve got one thing particular in our folks, and people who know us effectively would agree,” stated Joey Davidson, president of Acopia Residence Loans.
“I stay amazed that we have been capable of finding an organization that aligned so effectively with our values and imaginative and prescient. The staff at Decrease continues to impress day after day and has made our transition nearly seamless. We’re very grateful and excited to be part of the Decrease household.”
“We’re excited to welcome Group Acopia and proceed to construct on the legacy Joey and his staff have established over the previous 20 years,” Decrease co-founder Mike Baynes stated. “Their sturdy relationships and fame align with our imaginative and prescient to create the main homeownership platform for originators and shoppers, empowering extra folks to construct wealth by means of homeownership. Collectively, we see a big alternative to speed up our shared momentum.”
Decrease stated the acquisition will present Acopia with expanded product choices, higher operational effectivity, and entry to expertise and artificial intelligence instruments. Following the acquisition, Acopia Residence Loans staff will be a part of Decrease and function as Group Acopia inside Decrease’s Southeast division.
