Mon Jul 22 14:28:43 EDT 2024
Home#AntitrustLittlejohn Owned MCS Buying Employee Based Firms

Littlejohn Owned MCS Buying Employee Based Firms

MCS Facing Pressures From Labor To Unionize As They Shift To Employees

Mortgage Contracting Services (MCS), a Littlejohn & Co. owned firm, has had a history of buying out its competitors and then selling itself off at bottom dollar. This expansionist strategy, recently, has begun to look more and more like an antitrust case in the making. Everyone remembers the purchase of Asset Management Specialists and then selling themselves to TDR Capital and Concentric Equity Group. After being sliced and diced, American Securities bought them out again. Then, in September of 2014, MCS purchased . . .

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Paul Williams
Paul Williams
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