Richey May Acquires Amata Solutions

Jan 24, 2019

Richey May, a Denver-based accounting and advisory firm serving the financial services and real estate industries, has acquired Amata Solutions, an Eagle Mountain, Utah-based provider of customized planning and business intelligence tools for mortgage lenders.

The financial terms of the acquisition were not disclosed, and the transaction comes three months after Richey May made an investment in Amata Solutions, which will now function as part of Richey May Technology Solutions, a consulting division launched last year. Benjamin Duke, Amata Solutions' founder, has become executive director of data analytics with Richey May Technology Solutions.

"We were confident that our clients would love Amata Solutions when we partnered with the firm three months ago, but we may have underestimated how much," said Ken Richey, Co-Founder and Partner of Richey May. "This acquisition puts Richey May in a perfect position to help mortgage lenders address tighter margins and lower volume so they can stay several steps ahead of their competition."

About the author

Phil Hall

Link copied

Published

Jan 24, 2019

People On The Move

Ginnie Mae President Alanna McCargo Announces Resignation

McCargo was first woman and first woman of color at the helm of Ginnie Mae.

The U.S. Department of Housing and Urban Development (HUD) today announced that Alanna McCargo, president of the Government National Mortgage Association (Ginnie Mae), will resign, effective May 3, 2024. McCargo has served in the Biden-Harris Administration since January ...

People On The Move

Christensen, Andrus Added At CE Class Leader

Maximum Acceleration hires mortgage exec. as education director, adds banking manager

Brandon Christensen, a longtime mortgage broker and trainer, has been named Director of Education and National Instructor for Maximum Acceleration LLC, a leading NMLS-approved course provider for mortgage pre-license and continuing education. "Having Brandon join our amaz...