Today: July 10, 2024
July 10, 2024
1 min read

Bain Capital’s Investment Boosts Fix-and-Flip Lender, Archwest


  • Bain Capital has acquired a controlling stake in Archwest Capital, a fix-and-flip lender.
  • Archwest Capital specializes in business purpose loans and has originated over $700 million in assets since 2022.

Bain Capital has announced their acquisition of a controlling stake in Archwest Capital, a residential and commercial fix-and-flip lender based in California. While the exact purchase price has not been disclosed, Archwest CEO Shawn Miller will retain a minority stake in the company. Archwest specializes in business purpose loans, including fix-and-flip, bridge, construction, rental, and multifamily loans, and has originated over $700 million in assets since 2022. This acquisition is part of Bain Capital’s strategy to diversify its investment portfolio and capitalize on opportunities in the housing market. David DesPrez, a Managing Director at Bain Capital, expressed excitement about partnering with Archwest to deliver dynamic financing solutions to home builders and renovators. Legal advisors Irell & Manella LLP and Dechert LLP represented Archwest and Bain Capital, respectively, in the transaction. Overall, the partnership between Bain Capital and Archwest aims to strengthen their position in the non-owner occupied residential lending space and enhance their product suite for borrowers and broker partners.

Previous Story

Recast lands $5m funding from Morpheus Ventures

Latest from Blog

Recast lands $5m funding from Morpheus Ventures

TLDR: Recast, an Edinburgh-based sports streaming platform, secures $5 million funding led by Morpheus Ventures. The funding will support the further development of Recast’s API-centric smart payment platform and micro-payment wallet. Recast,

Captions secures $60M in latest funding round

TLDR: Captions raises $60M in Series C funding at a $500M valuation Investors include Index Ventures, Kleiner Perkins, Andreessen Horowitz, and others Captions, a NYC-based generative video creation and editing platform, has
Go toTop