Like MBMS, Incorporated

closed 6/7/2019 via BusinessWire

American Mortgage Consultants, acquired MBMS, Incorporated

See 197 Comparable Transactions
synopsis: American Mortgage Consultants, Inc., the industry-leading provider of services for secondary market participants, has acquired MBMS, Inc., the leader in custodial and warehouse lending technologies. MBMS’ technologies are used in tracking residential mortgage loan collateral and funding mortgage loan warehouses.
buyer: American Mortgage Consultants
American Mortgage Consultants is a leading nationwide residential and consumer loan due diligence, quality control, securitization review, mortgage servicing rights review, advance assessment, servicing oversight, consulting, and technology provider. "
 target: MBMS, Incorporated
MBMS, a software development and services firm, is a provider of technology solutions for custodians and warehouse lenders. MBMS’ technologies—emBTRUST, ProMerit, and its EVault software offerings—are essential in tracking residential mortgage loan collateral and funding mortgage loan warehouses.
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closed 10/27/2021 via GlobeNewswire

Porch Group, Inc., acquired Floify

See 225 Comparable Transactions
synopsis: Porch Group, Inc. has acquired Floify, a leading provider of digital mortgage automation and point-of-sale software for mortgage companies and loan officers. The acquisition expands Porch's early access to high-intent homebuyers who need key services including insurance, warranty and moving services.
buyer: Porch Group, Inc. (PRCH:$118.19)
Seattle-based Porch Group, the vertical software platform for the home, provides software and services to more than 17,000 home services companies such as home inspectors, moving companies, real estate agencies, utility companies, and warranty companies. "
 target: Floify
Floify is a digital mortgage automation and point-of-sale software solution that streamlines loan origination by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders.
price ($mm)
$87
rev ($mm)
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closed 10/28/2020 via PR Newswire

Lendesk, acquired Finmo

See 196 Comparable Transactions
synopsis: Vancouver-based Lendesk Technologies has acquired Finmo Financial Technologies, the fastest growing mortgage origination platform in Canada. Finmo's technology will be integrated into Lendesk's platform allowing brokers to use the suite of products to complete the entire mortgage process securely and digitally.
buyer parent: Quicken Loans Inc.
buyer: Lendesk
Lendesk is a Canadian technology company that is modernizing the mortgage industry for mortgage professionals and lenders. Lendesk operates Lender Spotlight, Gateway, and Enterprise solutions, with more than 10,000 mortgage brokers using its products. "
 target: Finmo
Finmo is a Canadian mortgage origination platform that lets mortgage professionals offer their clients a truly digital experience. Finmo's Smart Docs algorithms allow brokers to automatically request necessary documents from their clients as part of an intuitive digital mortgage application process.
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announced 7/28/2020 via PR Newswire

Compass Analytics, LLC, will acquire Optimal Blue

See 221 Comparable Transactions
synopsis: Black Knight, Inc. will acquire Optimal Blue, a leading provider of secondary market solutions and actionable data services. In connection with the acquisition, Black Knight will combine its Compass Analytics business with Optimal Blue to form a new entity. Black Knight will own approximately 60% of the new entity.
buyer parent: Black Knight, Inc.
buyer: Compass Analytics, LLC
Compass Analytics offers risk analytics, hedging, and trading tools to support secondary market professionals with managing pipeline risk, orchestrating trading, and achieving best execution. Compass’ solutions provide the market intelligence needed to bid and buy the right loans at the right price."
 target parent: GTCR, LLC
target: Optimal Blue
Optimal Blue is the leading SaaS mortgage marketplace supporting residential mortgage originators and investors. They serve over 3,500 institutions in the secondary mortgage market, with a broad reach across commercial banks, mortgage banks, credit unions, and mortgage brokerage companies.
price ($mm)
$1,800
rev ($mm)
EBITDA ($mm)
$47
EV / rev
EV / EBITDA
38.7x
closed 1/8/2020 via BusinessWire

ClosingCorp, purchased WESTvm from West

See 196 Comparable Transactions
synopsis: ClosingCorp, a provider of residential real estate closing cost data and technology, has acquired WESTvm, an innovative order management solution, from WEST. The first loan-centric ordering technology available in the market, WESTvm streamlines the ordering and management of critical settlement services needed to originate or service a loan.
buyer: ClosingCorp
ClosingCorp is a leading provider of residential real estate closing cost data and technology. Through innovative solutions and progressive technologies, the company helps optimize closing processes and services for mortgage lenders, title and settlement companies, and real estate professionals. "
 seller parent: WFG National Title Insurance Company
seller: West
WESTvm is a loan-centric ordering technology that streamlines the ordering and management of critical settlement services needed to originate or service a loan. It allows lenders to order appraisals, flood certifications, title and closing services, and documents in less than sixty seconds.
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closed 4/24/2019 via GlobeNewswire

Quicken Loans Inc., acquired Lendesk

See 251 Comparable Transactions
synopsis: Lendesk, Canada’s premier FinTech company providing technology to connect mortgage brokers with the country’s top lenders, announced Rock Holdings, the parent company of Quicken Loans, the United States’ largest mortgage lender, has acquired a majority stake in the company.
buyer: Quicken Loans Inc. (RKT:$15,375.27)
Detroit-based Quicken Loans is America’s largest home mortgage lender. The company closed nearly half a trillion dollars of mortgage volume across all 50 states from 2013 through 2018. In late 2015 Quicken Loans introduced Rocket Mortgage, the first fully digital mortgage experience. "
 target: Lendesk
Lendesk is a Canadian technology company that is modernizing the mortgage industry for Mortgage Brokers and Lenders. Their flagship product is an advanced digital mortgage origination platform that connects borrowers, brokers and lenders.
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closed 12/8/2021 via BusinessWire

Numerated, acquired Fincura, Inc.

See 182 Comparable Transactions
synopsis: Numerated, the Inc. 5000’s fastest-growing fintech SaaS company, has acquired Fincura Inc., adding spreading automation and financial analysis to Numerated’s Digital Loan Origination System. Fincura's technology allows users to spread financial statements from any type of document in seconds using artificial intelligence.
buyer: Numerated
Numerated is a SaaS digital loan origination system for business banking that dramatically reduces work for financial institutions and their customers by using data. The platform's unique use of data streamlines originations for any business banking product, from application to decision to close. "
 target: Fincura, Inc.
Fincura unlocks data that is trapped in financial statements, spreadsheets, databases, and workflow tools for commercial lenders to optimize operations. Fincura’s cloud-based architecture powers simple integrations, fast onboarding, and a product that adapts to its customers’ evolving needs.
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announced 2/25/2021 via PR Newswire

Odx, LLC will be merged with Fundation Group LLC,

See 176 Comparable Transactions
synopsis: ODX, LLC, a company that helps financial institutions deliver business banking products to customers, will merge with Fundation Group LLC. Together, ODX and Fundation will become Linear Financial Technologies, the market leader in digital account origination technology and insights for financial institutions, B2B vendors and SMB service providers.
buyer parent: Garrison Investment Group
buyer: Fundation Group LLC
Fundation Group is an origination solutions provider focused on the small business market nationally. Fundation is a leader in providing technology and application processing services to support more than 25 super regional, regional, and community banks. "
 target parent: Enova
target: Odx, LLC
ODX helps financial institutions deliver business banking products to customers by digitizing and simplifying the origination process. ODX simplifies the borrowing and account opening experience for customers and streamlines the origination process for clients.
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closed 6/25/2021 via PR Newswire

Walker & Dunlop, acquired TapCap Co.

See 199 Comparable Transactions
synopsis: Walker & Dunlop, Inc. has acquired TapCap, a provider of web-based software that offers real-time, online quotes for commercial real estate debt to streamline the loan application and origination process. TapCap's technology removes friction from the borrower experience and will help accelerate growth across Walker & Dunlop's lending businesses.
buyer: Walker & Dunlop (WD:$1,063.87)
Walker & Dunlop is the largest provider of capital to the multifamily industry in the United States and the fourth largest lender on all commercial real estate, including industrial, office, retail, and hospitality. "
 target: TapCap Co.
TapCap offers proprietary web-based software that provides real-time, online quotes for commercial real estate debt to streamline the loan application and origination process. TapCap's technology removes friction from the borrower experience while reducing underwriting and closing costs on loans.
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closed 11/11/2020 via BNC Analysis

Thinking Capital, acquired Ario

See 196 Comparable Transactions
synopsis: Thinking Capital, a leader in the Canadian Online Lending space, leveraging technology to be at the forefront of the FinTech industry has announced the completion of the acquisition of Ontario based Ario, a modern digital banking platform built for enterprises.
buyer parent: Purpose Investments
buyer: Thinking Capital
Thinking Capital is a leader in the Canadian Online Lending space, leveraging technology to be at the forefront of the FinTech industry. Since 2006, they have helped more than 15,000 small to medium-sized Canadian businesses reach their full potential. "
 target: Ario
Founded in 2017, Ario is a FinTech company that builds tools designed to make small business lending easier. The Ario platform leverages proprietary data and algorithms to offer cost efficient digital lending and cash flow management solutions for SMBs.
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announced 10/15/2020 via BNC Analysis

Piteco S.p.A., will acquire RAD Informatica S.r.l.

See 194 Comparable Transactions
synopsis: Piteco Spa, a leading player in the financial software industry, will acquire a 70% stake in the corporate capital of RAD Informatica S.r.l. RAD, based in Italy, supplies software for the organization of the entire management process of non-performing loans and recovery of bank and financial credit.
buyer parent: DEDAGROUP S.p.A.
buyer: Piteco S.p.A. (BIT:PITE:$28.90)
Since 1980, Piteco has been the leading Software House in Italy for Corporate Treasury and Financial Planning management solutions. Piteco is present across all business sectors, with hundreds of projects completed in the most well-known Italian and international corporations. "
 target: RAD Informatica S.r.l.
RAD, based in Italy, operates in the production, supply and commercialization of software for the organization of the entire management process of non-performing loans and recovery of bank and financial credit.
price ($mm)
$41*
rev ($mm)
$12
EBITDA ($mm)
$7
EV / rev
4.9x
EV / EBITDA
8.5x
closed 11/20/2019 via BNC Analysis

Perfios Software Solutions Pvt., Ltd., acquired FinTechLabs

See 194 Comparable Transactions
synopsis: Bengaluru-based Perfios Software Solutions has acquired digital lending solutions provider FintechLabs Technologies. FintechLabs is engaged in the business of providing digital lending management software to banks, NBFCs (non-banking finance companies), digital lenders and financial institutions in India and overseas.
buyer: Perfios Software Solutions Pvt., Ltd.
Perfios is the leading product technology company in the FinTech space enabling Financial Institutions in realtime decisioning, analysis and credit underwriting. Perfios helps in banks statement analysis (APIs and portal), e-verification, financial analysis, Fraud check, and more. "
 target: FinTechLabs
Noida-based FintechLabs Technologies is engaged in the business of providing digital lending management software to banks, NBFCs (non-banking finance companies), digital lenders and financial institutions in India and overseas.
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closed 1/7/2019 via Company Press Release

LineData Services, acquired Loansquare SAS

See 194 Comparable Transactions
synopsis: Linedata announces the acquisition of French start-up Loansquare, whose portal digitalizes relationships between borrowers and lenders. By acquiring Loansquare, Linedata enhances the end-to-end capabilities of its platforms and services for lenders.
buyer: LineData Services (ENXTPA:LIN:$197.04)
With 20 years’ experience and 700+ clients in 50 countries, France-based Linedata’s 1300 employees in 20 offices provide global humanized technology solutions and services for the asset management and credit industries that help its clients to evolve and to operate at the highest levels. "
 target: Loansquare SAS
Loansquare is the Fintech startup dedicated to financing activities. Their innovative and secured web platform provides financial institutions and corporations with smart and collaborative features to request and follow-up loans.
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announced 12/14/2016 via Market Wire

Dominion Lending Centres, will acquire Marlborough Stirling Canada Limited

See 236 Comparable Transactions
synopsis: Founders Advantage Capital Corp. is pleased to announce that its subsidiary Dominion Lending Centres ("DLC") will acquire all of the securities of Marlborough Stirling Canada Limited (MSC). MSC provides software and services to the Canadian mortgage lending industry under the following three product lines: MorWEB; Omiga; and Optimus.
buyer parent: Founders Advantage Capital Corp.
buyer: Dominion Lending Centres
Dominion Lending Centres (DLC) is Canada’s #1 national mortgage company with more than 2,300 Mortgage Professionals spanning the country. DLC group of companies is Canada's leading and largest mortgage brokerage with $33 billion in funded mortgages in 2015. "
 target: Marlborough Stirling Canada Limited
Marlborough Stirling Canada (MSC) provides software and services to the Canadian mortgage lending industry under the following three product lines: MorWEB; Omiga; and Optimus. MorWEB offers web-based mortgage origination functionality designed specifically for mortgage brokers.
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announced 12/17/2015 via PR Newswire

CoreLogic, Inc., will acquire FNC Incorporated

See 238 Comparable Transactions
synopsis: CoreLogic, a leading global property information, analytics and data-enabled services provider, announced that it has entered into a definitive agreement to acquire FNC, Inc., a leading provider of real estate collateral information technology and solutions that automate property appraisal ordering, tracking, documentation and review.
buyer: CoreLogic, Inc. (CLGX:$1,642.38)
CoreLogic is a leading global property information, analytics and data-enabled services provider. They combine data from public, contributory and proprietary sources, providing coverage of property and other encumbrances, consumer credit, tenancy, location, hazard risk and performance information. "
 target: FNC Incorporated
FNC® revolutionized real estate collateral information technology. FNC has offered solutions that automate appraisal ordering, tracking, documentation and review for lender compliance with government regulations. FNC's clients have realized reduced costs and more efficient loan processing.
price ($mm)
$475
rev ($mm)
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announced 4/7/2021 via Company Press Release

International Decision Systems, will acquire White Clarke Group

See 246 Comparable Transactions
synopsis: IDS, a leader in enterprise mission-critical solutions for secured finance, has agreed to acquire White Clarke Group, a leading provider of retail, fleet, wholesale and asset finance solutions for the automotive and equipment finance markets. White Clarke Group provides a range of full lifecycle loan origination and contract management software.
buyer parent: Thoma Bravo, LLC
buyer: International Decision Systems
International Decision Systems (IDS) is the leading global provider of software and solutions for the asset and equipment finance industry. Its software streamlines the entire asset finance process, from origination to portfolio management to end-of term. "
 target parent: Rothschild
target: White Clarke Group
Founded in 1992, White Clarke Group provides a range of full lifecycle loan origination and contract management software for the automotive, consumer and equipment finance sectors. As a global organization, it operates across its offices in the UK, mainland Europe, North America and Asia Pacific.
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closed 11/5/2020 via GlobeNewswire

Meridianlink, Inc., acquired TCI DecisionLender

See 329 Comparable Transactions
synopsis: MeridianLink®, a leading provider of enterprise business solutions for financial service organizations, announced the acquisition of Teledata Communications, Inc. (TCI). TCI is the creator of DecisionLender, a SaaS loan origination solution (LOS) that was first released in 1998.
buyer parent: Thoma Bravo, LLC
buyer: Meridianlink, Inc.
MeridianLink, Inc., developer of the industry’s first and leading multi-channel account opening and loan origination platform, has been a trusted provider of financial enterprise business solutions since 1998. "
 target: TCI DecisionLender
Teledata Communications, Inc (TCI) is the provider of DecisionLender 4, a complete consumer loan origination platform (LOS). DecisionLender 4 is completely configurable, hosted in the cloud, and supports branch, online lending, indirect auto and merchant lending, and deposit account opening.
price ($mm)
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announced 9/8/2016 via BNC Analysis

Reynolds & Reynolds, will purchase indirect loan origination solutions from Wolters Kluwer NV

See 182 Comparable Transactions
synopsis: Wolters Kluwer signed an agreement to sell its indirect loan origination solutions, including their AppOne software, Risk Mitigation Services and Bankers Systems Indirect lending compliance documents to Reynolds and Reynolds, a leading provider of software, compliance forms and services to U.S. automotive dealers and lenders.
buyer: Reynolds & Reynolds
Reynolds and Reynolds is a leading provider of automobile dealership software, documents, and services to help dealerships deliver better business results and transform the customer experience. "
 seller: Wolters Kluwer NV (ENXTAM:WKL:$5,359.73)
The indirect loan origination solutions include AppOne, Risk Mitigation Services and Bankers Systems Indirect lending compliance documents. AppOne® workflow platform streamlines and automates the traditional tasks of processing an indirect loan application.
price ($mm)
$36
rev ($mm)
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closed 4/14/2014 via Company Press Release

FIS, acquired CMSI

See 182 Comparable Transactions
synopsis: FIS™, the world’s largest provider of banking and payments technology, announced the acquisition of CMSI, a premier provider of consumer loan origination software and services.
buyer: FIS (FIS:$9,241.00)
FIS is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. "
 target: CMSI
CMSI is a premier provider of consumer loan origination software. Their state-of-the-art products automate the entire consumer credit process from origination, through credit analysis, and contracting for direct and indirect lenders all over the country.
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closed 11/10/2021 via BNC Analysis

LEA Partners GmbH, acquired Basenet Informatik AG

See 385 Comparable Transactions
synopsis: LEA Partners GmbH (LEA), a private equity and venture capital investor based in Karlsruhe, Germany, announced the acquisition of Basenet (Base-Net Informatik AG), a Swiss software provider leading in the field of credit and mortgage management. Basenet, headquartered in Sursee in the canton of Lucerne, was founded in 1994.
buyer: LEA Partners GmbH
LEA Partners is an entrepreneurial equity partner supporting founders and management teams in different stages of development to grow and achieve a leading market position. Based in Karlsruhe, LEA Partners has managed investments in numerous technology companies since 2002. "
 target: Basenet Informatik AG
Basenet is the leading Swiss software provider in the field of credit and mortgage management. In addition to its loan management software, its solutions for refinancing and exchanges with the Swiss Pfandbriefbank are among the standard solutions in the Swiss financial sector.
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Pages:  
closed 6/7/2019 via BusinessWire

American Mortgage Consultants, acquired MBMS, Incorporated

See 197 Comparable Transactions
synopsis: American Mortgage Consultants, Inc., the industry-leading provider of services for secondary market participants, has acquired MBMS, Inc., the leader in custodial and warehouse lending technologies. MBMS’ technologies are used in tracking residential mortgage loan collateral and funding mortgage loan warehouses.
buyer: American Mortgage Consultants
American Mortgage Consultants is a leading nationwide residential and consumer loan due diligence, quality control, securitization review, mortgage servicing rights review, advance assessment, servicing oversight, consulting, and technology provider. "
 target: MBMS, Incorporated
MBMS, a software development and services firm, is a provider of technology solutions for custodians and warehouse lenders. MBMS’ technologies—emBTRUST, ProMerit, and its EVault software offerings—are essential in tracking residential mortgage loan collateral and funding mortgage loan warehouses.
price ($mm)
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closed 6/28/2019 via PR Newswire

American Mortgage Consultants merged with SitusAMC, Inc.,

See 12 Comparable Transactions
synopsis: Situs Group Holdings Corp. and American Mortgage Consultants, Inc. (AMC) announced that they have closed the deal to merge the two firms. Situs and AMC are leading providers of consulting, outsourcing, talent and technology solutions for lenders and investors in the real estate industry.
buyer parent: Stone Point Capital, LLC
buyer: SitusAMC, Inc.
SitusAMC is the leading independent provider of advisory, strategic outsourcing, talent and technology solutions to the commercial and residential real estate finance industry. They help clients realize opportunities in their real estate businesses through industry-leading services. "
 target: American Mortgage Consultants
AMC (American Mortgage Consultants), founded in 1996, has served as a leading provider of consulting and due diligence services and technology solutions to a broad spectrum of clients, including domestic and international banks, private equity investors, pension funds, and more.
price ($mm)
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closed 6/7/2019 via BusinessWire

American Mortgage Consultants, acquired MBMS, Incorporated

See 197 Comparable Transactions
synopsis: American Mortgage Consultants, Inc., the industry-leading provider of services for secondary market participants, has acquired MBMS, Inc., the leader in custodial and warehouse lending technologies. MBMS’ technologies are used in tracking residential mortgage loan collateral and funding mortgage loan warehouses.
buyer: American Mortgage Consultants
American Mortgage Consultants is a leading nationwide residential and consumer loan due diligence, quality control, securitization review, mortgage servicing rights review, advance assessment, servicing oversight, consulting, and technology provider. "
 target: MBMS, Incorporated
MBMS, a software development and services firm, is a provider of technology solutions for custodians and warehouse lenders. MBMS’ technologies—emBTRUST, ProMerit, and its EVault software offerings—are essential in tracking residential mortgage loan collateral and funding mortgage loan warehouses.
price ($mm)
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closed 3/5/2019 via BusinessWire

American Mortgage Consultants, acquired String

See 4 Comparable Transactions
synopsis: American Mortgage Consultants, Inc. has acquired String Real Estate Information Services, LLC, a leading provider of business process outsourcing services to the title insurance and residential mortgage industry.
buyer: American Mortgage Consultants
American Mortgage Consultants, founded in 1996, is a leading nationwide residential and consumer loan due diligence, quality control, securitization review, MSR review, advance assessment, servicing oversight, consulting, and technology provider. "
 target: String
String, founded in 2004, is a leading provider of business process outsourcing services to the title insurance and residential mortgage industry. String’s experts in title and mortgage have helped clients improve margins, reduce cycle times and reduce risk for the last 15 years.
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closed 1/16/2019 via BNC Analysis

American Mortgage Consultants, acquired Meridian Asset Services, Inc.

See 78 Comparable Transactions
synopsis: American Mortgage Consultants, a due-diligence firm that caters to secondary market participants, has acquired Meridian Asset Services. Meridian Asset Services delivers value to investors and loan servicers through transaction management expertise to the mortgage industry.
buyer: American Mortgage Consultants
American Mortgage Consultants is a Financial & Professional Services provider for Residential, Commercial, Auto, Student and Consumer lending products. They offer a wide range of professional services catering to the industry, including credit/risk policy assessment and delinquency surveillance. "
 target: Meridian Asset Services, Inc.
Meridian Asset Services is a financial services company that delivers value to investors and loan servicers. They provide transaction management expertise to the mortgage industry, including collateral & title, due diligence, transaction management, real estate, and portfolio management services.
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closed 6/28/2019 via PR Newswire

American Mortgage Consultants merged with SitusAMC, Inc.,

See 12 Comparable Transactions
synopsis: Situs Group Holdings Corp. and American Mortgage Consultants, Inc. (AMC) announced that they have closed the deal to merge the two firms. Situs and AMC are leading providers of consulting, outsourcing, talent and technology solutions for lenders and investors in the real estate industry.
buyer parent: Stone Point Capital, LLC
buyer: SitusAMC, Inc.
SitusAMC is the leading independent provider of advisory, strategic outsourcing, talent and technology solutions to the commercial and residential real estate finance industry. They help clients realize opportunities in their real estate businesses through industry-leading services. "
 target: American Mortgage Consultants
AMC (American Mortgage Consultants), founded in 1996, has served as a leading provider of consulting and due diligence services and technology solutions to a broad spectrum of clients, including domestic and international banks, private equity investors, pension funds, and more.
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closed 4/23/2012 via BusinessWire

Fidelity National Information Services Inc., acquired ICS Risk Advisors

See 23 Comparable Transactions
synopsis: FIS™, the world’s largest provider of banking and payments technology, announced that it has acquired ICS Risk Advisors. ICS Risk Advisors, a full-service risk management firm, develops, implements, maintains and reviews enterprise risk management and regulatory compliance programs for hundreds of financial institutions.
buyer parent: Fidelity National Financial, Inc.
buyer: Fidelity National Information Services Inc. (FIS:$9,241.00)
Fidelity National Information Services (FIS) is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. "
 target: ICS Risk Advisors
ICS Risk Advisors is a full-service risk management firm, develops, implements, maintains and reviews enterprise risk management and regulatory compliance programs for hundreds of financial institutions, spanning from the world’s largest financial institutions to community banks.
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closed 9/16/2019 via BusinessWire

MVB Bank, Inc., acquired Chartwell Compliance

See 23 Comparable Transactions
synopsis: MVB Financial Corp., the holding company for MVB Bank, Inc., has acquired Chartwell Compliance, a company that provides integrated regulatory compliance, state licensing, financial crimes prevention and enterprise risk management services that include consulting, outsourcing, testing and training solutions.
buyer: MVB Bank, Inc. (MVBF:$126.44)
MVB is a financial holding company. Through its subsidiary, MVB Bank, and the bank’s subsidiaries, MVB Mortgage and the MVB Community Development Corporation, the company provides financial services to individuals and corporate clients in the Mid-Atlantic region and beyond. "
 target: Chartwell Compliance
Headquartered in Bethesda, Md., Chartwell Compliance provides integrated regulatory compliance, state licensing, financial crimes prevention and enterprise risk management services that include consulting, outsourcing, testing and training solutions.
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closed 1/9/2019 via BNC Analysis

Genpact Ltd, acquired riskCanvas LLC

See 174 Comparable Transactions
synopsis: Genpact, a global professional services firm focused on delivering digital transformation, has acquired riskCanvas Holdings, LLC from Booz Allen Hamilton. riskCanvas LLC is a financial crime compliance practice, which offers both consulting services and riskCanvas™, an end-to-end comprehensive software suite of anti-money laundering (AML) solutions
buyer: Genpact Ltd (G:$3,699.55)
Genpact is a global professional services firm that makes business transformation real. They drive digital-led innovation and digitally-enabled intelligent operations for their clients. They think with design, dream in digital, and solve problems with data and analytics. "
 target parent: Booz Allen Hamilton Inc.
target: riskCanvas LLC
riskCanvas LLC is a financial crime compliance practice, which offers both consulting services and riskCanvas™, an end-to-end comprehensive software suite of anti-money laundering (AML) solutions.
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closed 7/23/2018 via BNC Analysis

Overstock.com, Inc., acquired Houserie

See 1 Comparable Transactions
synopsis: Overstock announced the acquisition of property management platform Houserie. Houserie is a site that offers landlords and property managers a number of services designed to help them manage single- and multi-family homes.
buyer: Overstock.com, Inc. (OSTK:$1,757.65)
Overstock.com, Inc. is an online retailer based in Salt Lake City, Utah that sells a broad range of products at low prices, including furniture, décor, rugs, bedding, and home improvement. Overstock.com also offers a variety of products including jewelry, electronics, apparel, and more. "
 target: Houserie
Houserie is a property management platform. It offers landlords and property managers a number of services designed to help them manage single- and multi-family homes. Services offered by Houserie include identity verification, checking eviction histories, credit and background checks and more.
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closed 2/4/2021 via Company Press Release

AcadiaSoft, acquired Quaternion Risk Management Limited

See 213 Comparable Transactions
synopsis: AcadiaSoft Inc., the leading industry provider of risk and collateral management services for the derivatives community, announced it has acquired capital markets consulting and software company Quaternion. Quaternion is a leading provider of highly specialized and advanced risk analytics solutions for the financial services industry.
buyer: AcadiaSoft
AcadiaSoft, Inc. is the leading industry provider of risk management services for the derivatives community. Its industry-wide repository of margin and collateral data helps firms to mitigate financial risk and optimize resources across the entire trade life cycle. "
 target: Quaternion Risk Management Limited
Quaternion Risk Management Limited headquartered in Ireland was founded in 2010 by three senior banking professionals with extensive capital markets experience. It is leading provider of highly specialized and advanced risk analytics solutions for the financial services industry.
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closed 2/1/2011 via BusinessWire

Towers Watson, acquired EMB

See 138 Comparable Transactions
synopsis: Towers Watson, a leading global professional services company, has completed the acquisition of EMB, a non-life consulting and software company, having satisfied customary closing conditions and regulatory approvals.
buyer: Towers Watson (TW:$3,644.95)
Towers Watson is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management. Towers Watson offers solutions in the areas of employee benefits, talent management, rewards, and risk and capital management. "
 target: EMB
EMB is an award-winning international actuarial and business consultancy and software provider. EMB has pioneered the development and use of high performance actuarial software and built a reputation for first class technical skills.
price ($mm)
$68
rev ($mm)
$63
EBITDA ($mm)
EV / rev
1.1x
EV / EBITDA
closed 5/1/2020 via GlobeNewswire

Connected Risk Solutions, acquired Pendulum

See 9 Comparable Transactions
synopsis: Connected Risk Solutions, BRP’s Specialty Wholesale platform within its Specialty Operating Group, has acquired the assets comprising the risk assessment and consulting business of Pendulum, LLC, an Albuquerque, New Mexico-based firm that provides innovative risk assessment and reduction protocols utilizing advanced software tools.
buyer parent: BRP Group, Inc.
buyer: Connected Risk Solutions
Connected Risk Solutions is a suite of wholesale specialists that connects agency partners with the expertise and products needed to drive new business success and help clients with complex risks. The company specializes in the healthcare, managed care, life sciences, and social services industries."
 target: Pendulum
Pendulum is a risk consulting firm that provides innovative assessment and risk reduction protocols, combined with software and loss control tools. Pendulum’s risk control consultants provide liability risk assessments, on-site consultations, and development of quality and specialty programs.
price ($mm)
rev ($mm)
$2
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 3/13/2018 via BusinessWire

BCG Pension Risk Consultants, Inc., acquired Penbridge Advisors, LLC

See 62 Comparable Transactions
synopsis: BCG Pension Risk Consultants, Inc., a leading provider of pension consulting and pension risk transfer (PRT) services, has acquired Penbridge Advisors, LLC, a specialist pension information and advisory services firm and thought leadership provider to the U.S. retirement industry.
buyer: BCG Pension Risk Consultants, Inc.
Founded in 1983, BCG Pension Risk Consultants, Inc. is one of the nation’s premier pension risk consulting firms having advised on over 2,000 defined benefit liability settlements and plan terminations ranging from publicly-traded companies, to privately held, healthcare, banks and not-for-profits. "
 target: Penbridge Advisors, LLC
Penbridge Advisors helps defined benefit plan sponsors evaluate plan maintenance efficiency and pension de-risking alternatives. Their services include DB expense analysis and benchmarking, vendor price discovery and searches, pension de-risking assessments, and buyout price monitoring.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/25/2021 via BNC Analysis

MJ Hudson, acquired Clarus Risk Ltd.

See 1 Comparable Transactions
synopsis: UK-based MJ Hudson Group plc has acquired Clarus Risk Limited, a FinTech risk specialist, to widen the breadth of services in the Group’s data and analytics division. Based in Guernsey, Clarus Risk provides independent, first-class Managed Software as a Service (MSaaS) fintech solutions for the investment fiduciary marketplace.
buyer: MJ Hudson (AIM:MJH:$37.75)
MJ Hudson helps fund managers and investors operate more efficiently and invest more successfully. Their services include law, fund management solutions, international fiduciary, investment advisory, and IR & marketing. MJ Hudson has office across Europe's major asset management centres. "
 target: Clarus Risk Ltd.
Based in Guernsey, Clarus Risk provides independent, first-class Managed Software as a Service (MSaaS) fintech solutions for the investment fiduciary marketplace. The company's risk analytics and reporting technology generates fully customisable risk and regulatory risk reporting solutions.
price ($mm)
$1.38
rev ($mm)
$1
EBITDA ($mm)
EV / rev
5.8x
EV / EBITDA
closed 10/10/2018 via PR Newswire

OANDA Corporation, acquired GFM Solutions Group

See 180 Comparable Transactions
synopsis: OANDA has acquired GFM Solutions Group, a well-known risk management and financial reporting company offering cutting-edge software that enables corporate treasury, accounting and finance teams to better manage the impact of currency-related exposure in their business.
buyer: OANDA Corporation
OANDA® is a global online retail trading platform, currency data and analytics company. OANDA's award-winning technology and institutional-grade execution across a wide range of asset classes, enables clients to trade currencies, equity indices, commodities, treasuries and precious metals. "
 target: GFM Solutions Group
GFM offers a host of financial risk advisory software as a service (SaaS) solutions including exposure measurement and management, hedge accounting and financial reporting, financial instrument valuation and regulatory compliance and risk management policy implementation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/18/2022 via GlobeNewswire

GTreasury, acquired Hedge Trackers, LLC

See 192 Comparable Transactions
synopsis: GTreasury has acquired Hedge Trackers, the leading provider of accounting, consulting, and software services to protect clients against financial risk. The acquisition joins Hedge Trackers’ hedge accounting expertise and SaaS solutions with GTreasury’s unparalleled treasury and risk management platform.
buyer: GTreasury
GTreasury is committed to connecting treasury and digital finance operations by providing a world-class SaaS treasury and risk management system and integrated ecosystem where cash, debt, investments and exposures are seamlessly managed within the office of the CFO. "
 target: Hedge Trackers, LLC
Hedge Trackers is the premier provider of consulting, outsourced derivative accounting, software and training services for firms that need to plan, execute or maintain a foreign currency, interest rate or commodity hedging program.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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