M&A
confidence high
sentiment neutral
materiality 0.70
Brookfield to acquire majority stake in Angel Oak Companies, parent of AOMR's external manager
Angel Oak Mortgage REIT, Inc.
- Transaction expected to close by Sept 30, 2025; change of control of Angel Oak Companies, LP.
- Angel Oak has over $18B AUM, originated $30B+ in residential mortgages, and issued 60+ securitizations.
- Co-CEOs Sreeni Prabhu and Mike Fierman will continue to lead Angel Oak independently.
- Brookfield's credit business has $317B in assets; deal broadens its residential mortgage credit offering.
- No material change expected in day-to-day management of Angel Oak Mortgage REIT (AOMR).