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April 13, 2011

Deal announcement: Allsec acquires Retreat Capital Management

Technology Holdings' client, Allsec Technologies, has completed the acquisition of Retreat Capital Management, a full service mortgage BPO company headquartered in Irvine. Technology Holdings was the exclusive advisor on the transaction.



Retreat Capital is an end-to-end provider of loss mitigation and portfolio management services for mortgage lenders, servicers, asset managers and investors. Established by industry professionals with over 25 years in the mortgage and real estate industries, Retreat Capital was created to serve as a single-source solution for reducing costs and mitigating loss at every stage of the mortgage process, from predictive modeling to processing through REO management. Allsec Technologies is a leading Business Process Outsourcing service provider headquartered in Chennai, whose investors include The Carlyle Group.

Allsec's stock exchange announcement is here

For additional information, please contact:

Vivek Subramanyam
Managing Director
vivek@technology-holdings.com
+1 (646) 645-0467

Nirish Mathias
Managing Director
nirish@technology-holdings.com
+1 (973) 368-3546