Breaking: Montfort Capital Explores Strategic Exit from Mortgage Sector
Montfort Capital Corp. Finalizes Strategic Sale of Mortgage Lending Business
Montfort Capital Corp. (TSXV: MONT), a leading provider of specialized private credit solutions, has taken a significant strategic step by executing a definitive share purchase agreement to divest its mortgage lending division.
On February 3, 2025, the company formalized a comprehensive transaction with Brightpath Holdings Corporation, a firm controlled by Mr. Bl. This move follows the initial announcement made on November 26, 2024, and represents a calculated decision to streamline the company's core business operations.
The transaction underscores Montfort Capital's commitment to optimizing its portfolio and focusing on its primary strengths in serving institutional investors, family offices, and wealth management professionals.
By transferring its mortgage lending business to Brightpath Holdings Corporation, Montfort Capital is positioning itself to enhance its strategic focus and potentially unlock new growth opportunities in its remaining credit strategy segments.
Further details of the transaction, including financial terms, will be disclosed in subsequent communications.