Clayton Holdings closes Green River Capital purchase
Due diligence firm Clayton Holdings said Wednesday that it has completed the acquisition of Green River Capital, an REO asset management company based in West Valley, Utah. Green River employs about 200 and represents investor, financial institution and government-sponsored enterprise clients. It will continue to operate as a standalone business under its current brand and in its present location. Christopher West and Paul Bossidy, will continue to lead the company as co-CEOs, and Joseph D’Urso will remain as the company’s president. Clayton originally announced the planned purchase in November. "Client reaction to this acquisition has been extremely positive," Bossidy said. "Strategically and culturally, this is a very good fit for both of our firms and our clients." Clayton Holdings, based in Shelton, Conn., helps financial institutions, investors and government entities evaluate, acquire, securitize, service and monitor loans and asset-backed securities. Its services includes residential and commercial special servicing through its Quantum Servicing subsidiary. Write to Kerry Curry. Follow her on Twitter @communicatorKLC.