Simpson Thacher represented Home Point Capital Inc., a portfolio company of Stone Point Capital LLC, in connection with its initial public offering of common stock. Stone Point and other stockholders of Home Point Capital sold 7,250,000 shares of common stock in the offering. Shares of Home Point Capital are now listed on the Nasdaq Global Select Market under the ticker symbol “HMPT.”
Home Point Capital is a leading residential mortgage originator and servicer focused on driving financially healthy and successful homeownership. Founded in 2015 and headquartered in Ann Arbor, Michigan, Home Point Capital works closely with a nationwide network of more than 5,500 mortgage broker and correspondent partners with deep knowledge and expertise about the communities and customers they serve.
The Simpson Thacher team included Joseph Kaufman, Tony Rim, Matt Petrone and Aseda Ghartey-Tagoe (Capital Markets); Elizabeth Cooper, Matt Rogers and Molly Nelson (M&A); James Rapp and Joia Lee (Public Company Advisory Practice); David Rubinsky, Alisa Tschorke and Ashlie Lawton (Executive Compensation and Employee Benefits); Russell Light, Jacqueline Clinton and Eli Shalam (Tax); Genevieve Dorment (Intellectual Property); and Adeeb Fadil and Timothy Mulvihill (Environmental). Catherine Ciriello and Alexander Leicht (Capital Markets) also provided valuable assistance.