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W.J. Bradley Company Acquires SB Financial

2:58 pm   -   March 28th, 2007

W.J. Bradley Company Merchant Partners, LLC (WJB), an acquisition firm that is consolidating small and medium sized mortgage brokers and banks, has reached a definitive agreement to acquire SB Financial, Inc., a Los Angeles-based mortgage broker. The SB Financial acquisition is the 10th mortgage company acquisition that W.J. Bradley has made in the past two years. Terms of the transaction were not released.

Founded in 2003, SB Financial is a privately held retail residential mortgage broker. The company is licensed in nine states, and has five retail offices and 139 employees. In 2006, the company originated more than $650 million in mortgages, primarily in A and Alt-A loans. As is the case with other W.J. Bradley acquisitions, SB Financial’s founder, Steve Zellers, will remain with the company, as President, and will continue to have a financial interest in its future.

W.J. Bradley’s portfolio companies include mortgage banks and brokers operating in 40 states and employing more than 1,600 loan professionals. In 2006, W.J. Bradley’s portfolio companies originated more than $5 billion in residential mortgage loans.

About W.J. Bradley Company
W.J. Bradley Company Merchant Partners, LLC (WJB), Denver, is an acquisition company engaged exclusively in the residential mortgage sector. The firm is actively acquiring and enhancing mortgage companies (mortgage brokers and mortgage bankers) as part of a large-scale consolidation strategy at the origination level of the residential mortgage sector. The company acquires residential mortgage originators with superior management teams, sustainable competitive advantages, and identifiable value enhancement opportunities.

WJB was founded in 2003 by William J. Bradley, its President and CEO, and Joseph A. Cambi, its Chairman. For more information on W J. Bradley Company, please visit our website: www.wjbradley.com.



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