NWP Services Corporation Secures $42M New Financing Facility

NWP Services Corporation, an Irvine, California-based provider of financial transaction processing solutions for the multifamily housing industry, has secured a new financing facility of $42m.

The capital will be used to accelerate the company’s strategic initiatives, including new product and services development, domestic and international acquisitions and to provide additional working capital.
The company recently acquired the Multifamily Services Division (CBSI) from Vertex Business Services, a Tampa-based provider of billing, energy management and meter installation and maintenance services to multifamily and commercial real estate properties.
NWP also has major operations in Austin, Texas; Tampa, Florida and, Norcross, Georgia plus 15 other satellite locations throughout the United States.

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