1995:
| |
| |
MULTIPLYING
GROWTH
Inc. Magazine consecutively recognizes Univest as one of America
500 fastest growing privately held companies. UFGI separates
its business into three distinct companies, and sells two of
them.
|
|
|
UFGI separates its business into three distinct companies: Univest Financial
Services, an underwriting and due diligence firm, Univest Financial Group,
an information management services firm serving the regulatory markets,
and Univest Holdings, LLC, an investment holding company.
1995:
Univest sells Univest Financial Services to a private investor group.
This group eventually sold the company to General Motors Acceptance Corporation
(GMAC). Currently, the company is owned by a joint venture between Mortgage
Ramp and GMAC.
1997: Univest sells Univest Financial Group to a private investor group. It
is currently owned by Midland Financial (a unit of PNC Bank).
1997:
Univest
Holdings, Inc. and Univest Investments, Inc. are formed.
Univest Holdings, Inc. (UH), along with its capital partner, Univest
Investments, Inc. (UII) teamed up with its former CFO, Mike Boschetti,
President of Small Forest Holdings, LLC, and the principals of Cartel
Realty, Inc., a commercial real estate brokerage and management company,
to acquire strategic private equities and commercial real estate properties.
Through UH and UII these companies have assembled an unparalleled amount
of MBS industry knowledge.
1997-1998:
Univest partnered with the largest privately owned pest control company
in Georgia.
Univest’s partnership with Georgia’s largest privately owned
pest control company led them to form Arrow Services, LLC for the purpose
of completing a roll-up strategy in the extermination and termite control
industry. Univest and its partners successfully restructured the company
and positioned it for future acquisitions to complete our roll-up strategy
and create a third brand name in the public market. Subsequently, Univest
sold the company providing a 100 percent internal rate of return (IRR)
on its investment.
1997 - Present:
Univest Holdings, along with its capital partner, Univest Investments,
continues to acquire and develop commercial realestate projects.
|