Stone Point buys majority of First Associates Loan Servicing

First Associates Loan Servicing LLC said July 16 that Stone Point Capital LLC has acquired a majority stake in the company. Financial terms weren’t announced. First Associates, of San Diego, provides loan and leases services.

PRESS RELEASE

SAN DIEGO–(BUSINESS WIRE)–First Associates Loan Servicing, LLC (First Associates) is pleased to announce that funds managed by Stone Point Capital LLC (Stone Point) have acquired a majority interest in the company.

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