Like Baseline Analytics, LLC

closed 10/23/2019 via BNC Analysis

SitusAMC, Inc., acquired Baseline Analytics, LLC

synopsis: SitusAMC, Inc. has acquired Baseline Analytics, LLC, building upon its already leading industry position in the analytics and valuation of mortgage service right ("MSR") assets. Baseline is a leading provider of reverse mortgage pricing, analytics, and technology solutions to leading financial institutions throughout the reverse mortgage industry.
buyer: SitusAMC, Inc.
SitusAMC is the leading provider of consulting, outsourcing, talent and technology solutions, supporting institutional lenders and investors, across the life cycle of commercial and residential real estate debt and equity. The firm has offices in 27 markets across the U.S., Europe and APAC. "
target: Baseline Analytics, LLC
Baseline is a leading provider of reverse mortgage pricing, analytics, and technology solutions to leading financial institutions throughout the reverse mortgage industry. The Company's products include valuation models, software, industry data, loan level performance modeling, and hedge advisory.
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closed 12/18/2018 via BusinessWire

Class Valuation, acquired Landmark Network

synopsis: Class Valuation, one of the largest nationwide providers of real estate asset valuation and appraisal management solutions to the residential mortgage industry, announced that the company has acquired Van Nuys, California-based Landmark Network, a leader in real estate valuation with a specialization in the reverse mortgage lending industry.
buyer parent: Narrow Gauge Capital
buyer: Class Valuation
Class Valuation, formerly Class Appraisal, is a top 10 nationwide Appraisal Management Company, delivering outstanding quality and service to each and every client. The company is committed to combining the best people, products, processes, and technology available to help lenders be successful. "
target: Landmark Network
Van Nuys, CA-based Landmark Network is a leader in real estate valuation with a specialization in the reverse mortgage lending industry. Landmark Network also offers Landscape™, an appraisal management cloudware built from the ground up by an appraisal management company.
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closed 6/23/2016 via PR Newswire

Black Knight Financial Services, acquired Motivity Solutions, Inc.

synopsis: Black Knight Financial Services, Inc., a leading provider of premier technology, data and analytics across the mortgage loan lifecycle, has acquired Motivity Solutions, which provides customized mortgage business intelligence analytics. Motivity Solutions' comprehensive business intelligence helps lenders manage and understand their data.
buyer parent: Fidelity National Financial
buyer: Black Knight Financial Services (BKFS:$1,177.20)
Black Knight Financial Services is the leading provider of integrated technology, data and analytics solutions that faciliate and automate many of the business processes across the mortgage cycle. "
target: Motivity Solutions, Inc.
Motivity Solutions provides customized mortgage business intelligence analytics. Its comprehensive business intelligence helps lenders more effectively manage and understand their data, better support regulatory compliance and increase understanding and management of their performance.
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announced 10/28/2019 via BusinessWire

Ellie Mae, Inc., will acquire Capsilon

synopsis: Ellie Mae, the leading cloud-based platform provider for the mortgage finance industry, announced that is has signed a definitive agreement to acquire Capsilon, the leading provider of AI-powered mortgage automation software for mortgage lenders, investors and servicers.
buyer parent: Thoma Bravo, LLC
buyer: Ellie Mae, Inc. (ELLI:$477.11)
Ellie Mae is the leading cloud-based platform provider for the mortgage finance industry. Ellie Mae’s technology solutions enable lenders to originate more loans, reduce origination costs, and shorten the time to close, all while ensuring the highest levels of compliance, quality and efficiency. "
target: Capsilon
Capsilon builds products that transform the way mortgage companies work, making mortgages easier and less expensive for everyone. Through its Intelligent Process Automation software, Capsilon uses data and AI to automate manual tasks to enable faster decision-making.
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closed 11/1/2012 via PR Newswire

Walter Investment Management Corp., acquired Reverse Mortgage Solutions, Inc.

synopsis: Walter Investment Management Corp. announced it has completed its previously announced acquisition of Reverse Mortgage Solutions, Inc. Reverse Mortgage Solutions provides a full suite of services to the reverse mortgage sector, including servicing, loan origination, asset management and technology.
buyer: Walter Investment Management Corp. (WAC:$180.92)
Walter Investment Management Corp. is an asset manager, mortgage servicer and mortgage portfolio owner specializing in less-than-prime, non-conforming and other credit-challenged mortgage assets. Based in Tampa, Fla., the Company has over 2,600 employees and services a diverse loan portfolio. "
target: Reverse Mortgage Solutions, Inc.
Reverse Mortgage Solutions, Inc. provides a full suite of services to the reverse mortgage sector including servicing, sub-servicing, loan origination and securitization, and technology. Based in Spring, Tex., Reverse Mortgage Solutions, Inc. has approximately 330 employees.
price ($mm)
$111
rev ($mm)
$32
EBITDA ($mm)
EV / rev
3.8x
EV / EBITDA
announced 12/23/2019 via BusinessWire

Sagent Lending Technologies, will acquire ISGN Corporation

synopsis: Sagent Lending Technologies, a leading mortgage servicing technology provider, announced a definitive agreement to acquire ISGN Corporation, a company that delivers smart and innovative SaaS technology solutions to the US residential mortgage industry.
buyer parent: Warburg Pincus
buyer: Sagent Lending Technologies
Sagent Lending Technologies improves the lending experience for everyone. The company’s suite of comprehensive origination, servicing, and processing offerings come together to deliver flexible, scalable, and configurable solutions that deliver on the brand commitments of their clients. "
target parent: Chambal Fertilisers and Chemicals Limited
target: ISGN Corporation
ISGN Corporation delivers smart and innovative SaaS technology solutions to the US residential mortgage industry. They offer powerful and feature-rich products for core and default servicing as well as construction lending.
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closed 4/24/2019 via GlobeNewswire

Quicken Loans Inc., acquired Lendesk

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.
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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announced 5/2/2019 via BusinessWire

Intercontinental Exchange, will acquire Simplifile, LC

synopsis: Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of data and listings services, is to acquire Simplifile, one of the largest networks connecting the agents and jurisdictions that underpin residential mortgage records.
buyer: Intercontinental Exchange (ICE:$5,588.00)
ICE serves customers by operating the exchanges, clearing houses and information services they rely upon to invest, trade and manage risk across global financial and commodity markets. A leader in market data, ICE Data Services serves the information and connectivity needs across all asset classes. "
target: Simplifile, LC
Simplifile operates one of the largest networks connecting the agents and jurisdictions that underpin residential mortgage records, serving as a liaison between lenders, settlement agents, and county recording offices, streamlining the local recording of residential mortgage transactions.
price ($mm)
$335
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announced 2/14/2013 via PR Newswire

Capsilon, will acquire DocVelocity

synopsis: Flagstar Bancorp, Inc. has agreed to sell the assets and operations of DocVelocity, its document imaging business for mortgage lenders, to Capsilon, a provider of cloud-based document sharing, imaging and collaboration solutions for mortgage lenders.
buyer: Capsilon
Capsilon is a provider of cloud-based document sharing, imaging and collaboration solutions, enabling companies to complete business-critical transactions within and across organizations in less time than they could with other alternatives. "
target parent: Flagstar Bancorp Inc
target: DocVelocity
DocVelocity's Automated Document Recognition (ADR) supports electronic submission of all loan documents. It takes document sorting and naming to a whole new level and gives originators significant advantages in speed and accuracy.
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announced 12/13/2011 via BusinessWire

DocuTech Corporation, will purchase Docs3D Mortgage Document Software from Lender Support Systems, Inc.

synopsis: DocuTech Corporation, a leader in mortgage compliance services for mortgage documents, has acquired the assets of Lender Support Systems, Inc.’s Docs3D mortgage document software from parent company, Emphasys Software. Lender Support Systems, Inc. provides servicing and documentation tools for the mortgage industry.
buyer: DocuTech Corporation
DocuTech Corp. provides outstanding compliance services and documentation technology for the mortgage industry. The company specializes in closing documents, initial disclosure documents, borrower doc delivery and integrated compliance checks. "
seller parent: Constellation Software, Inc.
seller: Lender Support Systems, Inc.
Lender Support Systems, Inc. provides servicing and documentation tools for the mortgage industry in the United States. It offers real estate, financial, and compliance management software solutions.
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closed 10/12/2007 via BusinessWire

Xerox Corporation, acquired Advectis, Inc.

synopsis: Xerox Corporation has completed its cash acquisition of Advectis®, Inc. for $32 million. This purchase expands Xerox’s expertise in automating work processes, helping customers in document-intensive businesses like lending and finance to reduce costs and simplify how work gets done.
buyer: Xerox Corporation (XRX:$10,610.00)
Xerox Corporation is the world's leading document management, technology and services enterprise, providing the industry's broadest portfolio of color and black-and-white document processing systems and related supplies, as well as document management consulting and outsourcing services. "
target: Advectis, Inc.
Advectis, Inc. provides the mortgage industry’s most widely-used solution for electronic document collaboration. The Web-based BlitzDocs Collaboration Suite provides access to the BlitzDocs collaborative electronic document network where participants capture, submit, and archive loan documents.
price ($mm)
$30
rev ($mm)
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announced 8/6/2020 via BusinessWire

Intercontinental Exchange, will acquire Ellie Mae, Inc.

synopsis: Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, announced that it has entered into a definitive agreement to acquire Ellie Mae, the leading cloud-based platform provider for the mortgage finance industry.
buyer: Intercontinental Exchange (ICE:$5,588.00)
ICE serves customers by operating the exchanges, clearing houses and information services they rely upon to invest, trade and manage risk across global financial and commodity markets. A leader in market data, ICE Data Services serves the information and connectivity needs across all asset classes. "
target parent: Thoma Bravo, LLC
target: Ellie Mae, Inc. (ELLI:$477.11)
Ellie Mae is the leading cloud-based platform provider for the mortgage finance industry. Ellie Mae’s technology solutions enable lenders to originate more loans, reduce origination costs, and shorten the time to close, all while ensuring the highest levels of compliance, quality and efficiency.
price ($mm)
$11,000
rev ($mm)
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closed 2/12/2019 via BusinessWire

Thoma Bravo, LLC, acquired Ellie Mae, Inc.

synopsis: Ellie Mae, the leading cloud-based platform provider for the mortgage finance industry, has been acquired by Thoma Bravo, LLC, a leading private equity investment firm.
buyer: Thoma Bravo, LLC
Thoma Bravo is a leading private equity investment firm providing equity and strategic support to experienced management teams and growing companies. The firm currently manages a series of private equity funds representing more than $30 billion of equity commitments. "
target: Ellie Mae, Inc. (ELLI:$477.11)
Ellie Mae is the leading cloud-based platform provider for the mortgage finance industry. Ellie Mae’s technology solutions enable lenders to originate more loans, reduce origination costs, and shorten the time to close, all while ensuring the highest levels of compliance, quality and efficiency.
price ($mm)[EV]
$3,608 [$3,306]
rev ($mm)
$480
EBITDA ($mm)
$57
EV / rev
7.0x
EV / EBITDA
59.6x
announced 2/7/2018 via BNC Analysis

Warburg Pincus, will acquire Fiserv Lending Solutions

synopsis: Fiserv, Inc., a leading global provider of financial services technology solutions, will sell 55% of its Lending Solutions business to Warburg Pincus. The joint venture will include all of the automotive loan origination and servicing products and related operations of Fiserv, as well as its LoanServ™ mortgage and consumer loan servicing platform.
buyer: Warburg Pincus
Warburg Pincus is a leading global private equity firm focused on thesis-driven growth investing at scale. With more than $44 billion in assets under management, their active portfolio of more than 150 companies is highly diversified by stage, sector and geography. "
target parent: Fiserv, Inc.
target: Fiserv Lending Solutions
The Fiserv Lending Solutions business is a market leader in automotive lending origination technology, automotive lending servicing technology and process solutions, as well as comprehensive mortgage and consumer loan servicing solutions.
price ($mm)
$419*
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closed 8/1/2017 via BusinessWire

Fiserv, Inc., acquired PCLender LLC

synopsis: Fiserv, Inc., a leading global provider of financial services technology solutions, announced it has acquired the assets of PCLender, LLC, a leader in next generation enterprise internet-based mortgage software and mortgage lending technology solutions.
buyer: Fiserv, Inc. (FISV:$10,187.00)
Fiserv, Inc. is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. "
target: PCLender LLC
PCLender, LLC is a leader in next generation enterprise internet-based mortgage software and mortgage lending technology solutions. With a proven record to provide immediate return on investment, PCLender is the most cost effective lending solution available.
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announced 12/14/2016 via Market Wire

Dominion Lending Centres, will acquire Marlborough Stirling Canada Limited

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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closed 12/15/2015 via BusinessWire

Chronos Solutions LLC, acquired Cogent Road, Inc.

synopsis: Chronos Solutions, a national real estate finance services provider, has acquired Cogent Road, a San Diego-based mortgage technology company. Cogent Road develops three core products for the mortgage origination market: Funding Suite, Tax Door and Roohmz.
buyer: Chronos Solutions LLC
Chronos Solutions is a national technology enabled real estate finance services provider delivering elite mortgage and real estate services across the industry. Chronos offers customized transactional and business process management services to private sector and government clients. "
target: Cogent Road, Inc.
Cogent Road, Inc. provides enterprise-wide Web based software applications for the mortgage industry. Its solutions are Funding Suite, an AVM management solution, AVAIL, assists mortgage originators, Roohmz Mortgage, a workflow automation solution, and Gravity, a mortgage industry CRM solution.
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announced 10/14/2015 via Company Press Release

Ellie Mae, Inc., will acquire Mortgage Returns

synopsis: Ellie Mae, a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, announced that it has signed a definitive agreement to acquire Mortgage Returns, a leader in on-demand customer relationship management (CRM), and marketing automation solutions for the mortgage industry.
buyer: Ellie Mae, Inc. (ELLI:$477.11)
Ellie Mae, Inc. is a provider of automation solutions for the mortgage industry. The company's offerings include the Encompass® and Encompass360® mortgage management software systems. Ellie Mae also hosts the Ellie Mae Network™. "
target: Mortgage Returns
Mortgage Returns' web-based relationship management solution is a broad-based marketing solution that helps mortgage originators capitalize on their relationships with customers, prospects, and referral partners.
price ($mm)
$16
rev ($mm)
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closed 6/1/2015 via BNC Analysis

Bankrate, Inc., acquired LoanTek, Inc.

synopsis: Bankrate, Inc., is one of the internet's leading aggregators of information on more than 300 financial products and fees, has acquired LoanTek, Inc., a company that creates exclusive mortgage referrals using automated and consumer-facing pricing on strategic partner and lender websites.
buyer parent: Apax Partners
buyer: Bankrate, Inc. (RATE:$459.34)
Bankrate, Inc. and its subsidiaries own and operate an internet-based consumer banking and personal finance network. Bankrate's flagship website, Bankrate.com, is one of the Internet's leading aggregators of information on more than 300 financial products and fees. "
target: LoanTek, Inc.
LoanTek, Inc. creates exclusive mortgage referrals using automated and consumer-facing on strategic partner and lender websites. In addition to a mortgage pricing engine, LoanTek offers clients a consumer direct SaaS suite.
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closed 3/30/2015 via PR Newswire

ComplianceEase, acquired ProClose

synopsis: ComplianceEase, the nation's leading provider of automated compliance solutions to the financial services industry, announced that it has acquired the assets of Mortgage Banking Systems (dba ProClose®) of McLean, Va., a provider of premier mortgage document preparation and closing software solutions for financial institutions.
buyer: ComplianceEase
ComplianceEase® is a leading provider of intelligent business solutions to financial services institutions. ComplianceEase is a division of LogicEase Solutions Inc. and is headquartered in Burlingame, CA. "
target: ProClose
ProClose provides premier loan closing software solutions to Mortgage Lenders and Commercial Banks by offering Ease of Use, Customized Solutions at Affordable Pricing and Extensive Compliance Coverage. The company brings a SaaS approach to mortgage document preparation and management.
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closed 10/23/2019 via BNC Analysis

SitusAMC, Inc., acquired Baseline Analytics, LLC

synopsis: SitusAMC, Inc. has acquired Baseline Analytics, LLC, building upon its already leading industry position in the analytics and valuation of mortgage service right ("MSR") assets. Baseline is a leading provider of reverse mortgage pricing, analytics, and technology solutions to leading financial institutions throughout the reverse mortgage industry.
buyer: SitusAMC, Inc.
SitusAMC is the leading provider of consulting, outsourcing, talent and technology solutions, supporting institutional lenders and investors, across the life cycle of commercial and residential real estate debt and equity. The firm has offices in 27 markets across the U.S., Europe and APAC. "
target: Baseline Analytics, LLC
Baseline is a leading provider of reverse mortgage pricing, analytics, and technology solutions to leading financial institutions throughout the reverse mortgage industry. The Company's products include valuation models, software, industry data, loan level performance modeling, and hedge advisory.
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closed 9/15/2020 via PR Newswire

SitusAMC, Inc., acquired ComplianceEase

synopsis: SitusAMC Holdings Corp., a prominent provider of services and technologies to the real estate finance industry, has acquired LogicEase Solutions Inc., the parent company of leading residential regulatory compliance technology provider ComplianceEase®. The acquisition adds industry-leading automated compliance software ComplianceAnalyzer to SitusAMC
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: ComplianceEase
Founded in 2001 and headquartered in Silicon Valley, ComplianceEase is the mortgage industry's leading provider of compliance software solutions supporting mortgage originators, capital and secondary market participants, and regulators.
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closed 1/22/2020 via PR Newswire

SitusAMC, Inc., acquired Alan King and Company, Inc.

synopsis: SitusAMC Holdings Corp. has acquired Alan King and Company, Inc. (AKC), a leading software company in the mortgage industry. AKC's master servicing and loan accounting software, SBO 2000, will join SitusAMC's technology portfolio, integrating with existing SitusAMC technologies to provide comprehensive support across the real estate spectrum.
buyer: SitusAMC, Inc.
SitusAMC is the leading provider of consulting, outsourcing, talent and technology solutions, supporting institutional lenders and investors, across the life cycle of commercial and residential real estate debt and equity. "
target: Alan King and Company, Inc.
Alan King is a leading software company in the mortgage industry, specializing in master servicing and loan accounting software solutions. The company's SBO 2000 product is a complete master servicing system, combining cashiering, data entry, accounting, and investor reporting functions.
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closed 10/23/2019 via BNC Analysis

SitusAMC, Inc., acquired Baseline Analytics, LLC

synopsis: SitusAMC, Inc. has acquired Baseline Analytics, LLC, building upon its already leading industry position in the analytics and valuation of mortgage service right ("MSR") assets. Baseline is a leading provider of reverse mortgage pricing, analytics, and technology solutions to leading financial institutions throughout the reverse mortgage industry.
buyer: SitusAMC, Inc.
SitusAMC is the leading provider of consulting, outsourcing, talent and technology solutions, supporting institutional lenders and investors, across the life cycle of commercial and residential real estate debt and equity. The firm has offices in 27 markets across the U.S., Europe and APAC. "
target: Baseline Analytics, LLC
Baseline is a leading provider of reverse mortgage pricing, analytics, and technology solutions to leading financial institutions throughout the reverse mortgage industry. The Company's products include valuation models, software, industry data, loan level performance modeling, and hedge advisory.
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closed 4/4/2019 via BusinessWire

Class Valuation, acquired Janus AMC, LLC

synopsis: Class Valuation, a top nationwide real estate collateral valuation and appraisal management company to the residential mortgage industry, announced that they have acquired Texas-based appraisal management company (AMC), Janus Valuation & Compliance (Janus). Janus is a full service appraisal management firm, built to answer the needs of lenders.
buyer parent: Narrow Gauge Capital
buyer: Class Valuation
Class Valuation, formerly Class Appraisal, is a top 10 nationwide Appraisal Management Company, delivering outstanding quality and service to each and every client. The company is committed to combining the best people, products, processes, and technology available to help lenders be successful. "
target: Janus AMC, LLC
Janus is a full service appraisal management firm, built to answer the needs of lenders. Founded in 2008, Janus has been at the forefront of customized appraisal management company (AMC) service models with a focus on retail, credit union, and correspondent lenders in Texas and surrounding markets.
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closed 12/18/2018 via BusinessWire

Class Valuation, acquired Landmark Network

synopsis: Class Valuation, one of the largest nationwide providers of real estate asset valuation and appraisal management solutions to the residential mortgage industry, announced that the company has acquired Van Nuys, California-based Landmark Network, a leader in real estate valuation with a specialization in the reverse mortgage lending industry.
buyer parent: Narrow Gauge Capital
buyer: Class Valuation
Class Valuation, formerly Class Appraisal, is a top 10 nationwide Appraisal Management Company, delivering outstanding quality and service to each and every client. The company is committed to combining the best people, products, processes, and technology available to help lenders be successful. "
target: Landmark Network
Van Nuys, CA-based Landmark Network is a leader in real estate valuation with a specialization in the reverse mortgage lending industry. Landmark Network also offers Landscape™, an appraisal management cloudware built from the ground up by an appraisal management company.
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announced 11/21/2018 via BNC Analysis

Apex Appraisal Service, will acquire Value Trend Solutions

synopsis: Apex Appraisal Service (Apex) and Value Trend Solutions (VTS) have announced a strategic partnership and planned merger of business operations to offer a unified appraisal management solution. VTS is a nationwide real estate appraisal management company owned and operated by appraisers.
buyer: Apex Appraisal Service
Apex Appraisal Service is a leading real estate Appraisal Management Company located in Northern California and providing services across the US. Apex is dedicated to providing prompt and accurate valuation and consulting services. "
target: Value Trend Solutions
Value Trend Solutions (VTS) is a nationwide real estate appraisal management company owned and operated by appraisers. VTS was founded in 2009 in Phoenix, Arizona where it continues to operate today.
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closed 3/14/2018 via GlobeNewswire

DartAppraisal, acquired Valuation Management Group LLC

synopsis: Dart Appraisal, a nationwide appraisal management company (AMC), announced that it has acquired Valuation Management Group, a national AMC based near Atlanta. Valuation Management Group was established with a vision of providing a partnership to financial institutions to offer an independent appraisal process, with excellent turn times and quality.
buyer: DartAppraisal
Dart Appraisal is a leading nationwide independent Appraisal Management Company (AMC) established in 1993. The company was founded on the principle that an AMC could create transparency between the lender and appraiser, cultivating a process that brings out the best in both parties. "
target: Valuation Management Group LLC
Valuation Management Group was established in 2006 with a vision of providing a partnership to financial institutions to offer an independent appraisal process, with excellent turn times and quality.
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closed 8/12/2019 via BNC Analysis

Nationwide Property & Appraisal Services, acquired Elliott & Company Appraisers Inc.

synopsis: Nationwide Property & Appraisal Services LLC (“Nationwide”), a leading national appraisal management and real estate valuation services company acquired Elliott & Company Appraisers (“Elliott”). Elliott has been a thought leader in providing valuation services for complex commercial properties and title insurance claims for nearly four decades.
buyer parent: Corridor Capital, LLC
buyer: Nationwide Property & Appraisal Services
Nationwide Property & Appraisal Services, LLC, the 1st Appraisal Management Company to be licensed in the United States, is an award winning full service Appraisal Management Company, licensed, bonded and insured to conduct business nationwide. "
target: Elliott & Company Appraisers Inc.
Founded in 1980, and based in Greensboro, NC, Elliott has been a thought leader in providing valuation services for complex commercial properties and title insurance claims for nearly four decades.
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closed 8/1/2018 via BusinessWire

Xome, acquired Assurant Mortgage Solutions Group

synopsis: Xome, a real estate solutions provider, has acquired Assurant Mortgage Solutions from Assurant, Inc., a provider of risk management solutions. Assurant Mortgage Solutions helps clients manage risk across the mortgage lifecycle. They provide full-service valuation solutions, field services, and LenderX, an appraisal management software solution.
buyer parent: WMIH Corp.
buyer: Xome
Xome is the only platform that digitally connects every major touch-point in the real estate process. Xome makes the process of buying and selling a home more transparent for consumers with status dashboards, dynamic ratings of agents and real estate professionals, and real-time property data. "
target parent: Assurant
target: Assurant Mortgage Solutions Group
Assurant Mortgage Solutions helps clients proactively manage risk across the mortgage lifecycle. They provide full-service valuation solutions, field services, and LenderX, an appraisal management software solution that allows users to manage appraisals, communication, invoicing, and tracking.
price ($mm)
$35
rev ($mm)
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closed 6/4/2020 via BusinessWire

Stewart Information Services Corp, acquired United States Appraisals LLC

synopsis: Stewart Information Services Corporation announced its acquisition of United States Appraisals, a move that strengthens Stewart’s digital real estate services offering in appraisal and valuation management. United States Appraisals has provided innovative residential appraisal management solutions for over a decade.
buyer: Stewart Information Services Corp (STC:$2,061.61)
Stewart Information Services Corporation is a global real estate services company, offering products and services from residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage industry,. "
target: United States Appraisals LLC
United States Appraisals has provided innovative residential appraisal management solutions for over a decade. Under the leadership of a management team with an unmatched 120 years of combined experience, they deliver much-needed confidence for their clients.
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closed 8/15/2019 via GlobeNewswire

Data Facts, Inc., acquired Strategic Information Resources, Inc

synopsis: Data Facts, a nationwide provider of mortgage lending solutions and national and international background screening solutions, announced their acquisition of Strategic Information Resources, a national provider of risk assessment services including consumer and business credit reports, appraisals, and comprehensive background screening.
buyer: Data Facts, Inc.
Data Facts provides trusted information that can be relied on to make sound hiring and lending decisions. Their comprehensive solutions allow clients to make better decisions faster and more efficiently. "
target: Strategic Information Resources, Inc
Strategic Information Resources is a national provider of risk assessment services including consumer and business credit reports, appraisals, and comprehensive background screening. SIR helps thousands of companies make more informed decisions every day.
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closed 1/16/2019 via BNC Analysis

American Mortgage Consultants, acquired Meridian Asset Services, Inc.

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.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/27/2018 via PR Newswire

Narrow Gauge Capital, acquired Class Appraisal

synopsis: Narrow Gauge Capital, a private equity firm based in Boston, has announced it has completed the acquisition of Class Appraisal, LLC, a leading nationwide provider of real estate asset valuation and appraisal management solutions to the residential mortgage industry.
buyer: Narrow Gauge Capital
Narrow Gauge Capital, based in Boston, is a private equity firm controlled by Adam Doctoroff and Travis Metz. NGC pursues buyouts and recapitalizations in growth-oriented businesses with strong management teams. "
target: Class Appraisal
Class Appraisal, based in Troy, Michigan, is one of the largest and fastest-growing appraisal management companies in the country. Class Appraisal has partnered with over 400 mortgage lenders and over 6,000 of the highest performing residential appraisers in the country.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/21/2016 via BNC Analysis

ULS Technology plc, acquired Conveyancing Alliance Limited

synopsis: ULS Technology,the provider of online B2B platforms for the UK conveyancing and financial intermediary markets, has acquired the share capitals of Conveyancing Alliance. Conveyancing Alliance is a B2B technology platform in the UK for the selection and instruction of conveyancing.
buyer: ULS Technology plc (AIM:ULS:$25.33)
ULS Technology plc brings customers and legal professionals together via housing market comparison services, delivered through their technology systems. "
target: Conveyancing Alliance Limited
Conveyancing Alliance is a B2B technology platform in the UK for the selection and instruction of conveyancing. Conveyancing Alliance operates under three separate brands, “Conveyancing Alliance” and “Agency Convey” and “Broker Conveyancing”, targeted at the mortgage broker sector.
price ($mm)
$7.51
rev ($mm)
$5
EBITDA ($mm)
EV / rev
2.8x
EV / EBITDA
closed 4/1/2016 via BusinessWire

Solidifi, acquired Linear Title & Closing, LTD

synopsis: Solidifi, a leading independent provider of real estate valuation services to 60 of the top 100 lenders, announced the acquisition of Linear Title & Closing Limited. Linear is a top-five independent title search and closing provider for refinance, purchase, short sale and Real Estate Owned (REO) transactions in all 50 states.
buyer parent: Real Matters
buyer: Solidifi
Solidifi is a leading independent provider of next generation mortgage services. Understanding the power of technology to boost productivity both internally and for clients, Solidifi’s team is made up of mortgage industry specialists and technology innovators. "
target: Linear Title & Closing, LTD
Linear Title & Closing is a leader in providing national title searches and mortgage closing services. Linear delivers technology-driven title and closing solutions to a broad spectrum of real estate service providers. Linear is based in Middletown, RI and services clients nationwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/28/2018 via BusinessWire

Real Estate Express, acquired Allied Business Schools, Inc.

synopsis: Real Estate Express, the national leader in online pre-licensing real estate education, announced that the company has acquired Allied Business Schools, Inc., the market leader of online real estate education in California. Allied Business Schools, Inc. offers a variety of programs, including real estate, property management, and mortgage lending.
buyer parent: Quad-C Management, Inc.
buyer: Real Estate Express
Real Estate Express is the national leader in online pre-licensing education, providing the ultimate learning experience with a online interactive classroom. The company prepares aspiring real estate professionals to get licensed and start their career. "
target: Allied Business Schools, Inc.
Allied Business Schools, Inc. is an accredited online career training school that offers a variety of different programs, including real estate, property management, appraisal, and mortgage lending. Allied offers 100% online, convenient and flexible learning for today’s working adults.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/27/2007 via PR Newswire

Indecomm Global Services, acquired US Recordings, Inc.

synopsis: Indecomm Global Services, a leading international business process outsourcing and services firm, has completed the acquisition of US Recordings, Inc., headquartered in St Paul, Minnesota. US Recordings is a pioneer in electronic technology for the mortgage recording industry serving the residential mortgage market.
buyer: Indecomm Global Services
Indecomm Global Services is a consulting, business process outsourcing and technology services company with four principal divisions: Mortgage Services; Retail Banking Services; eLearning and Corporate Training; and IT Services. "
target: US Recordings, Inc.
U.S. Recordings is one of the nation's leading real estate document recording companies. As pioneers in electronic technology for the mortgage recording industry, our customized systems reduce transaction costs and increase productivity by implementing total solutions to manage documents and data.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/15/2017 via PR Newswire

Arizona Academy Of Real Estate merged with Arizona School of Real Estate & Business,

synopsis: Arizona School of Real Estate & Business (ASREB), a division of the Hondros Education Group, announced it is teaming up with Arizona Academy of Real Estate (AARE) in a partnership that will unify real estate education in Arizona. The Phoenix-based schools will pool their talents to represent the largest real estate program in the state.
buyer parent: Hondros Education Group
buyer: Arizona School of Real Estate & Business
The Arizona School of Real Estate & Business offers quality license education for real estate, mortgage, home inspection, appraisal and insurance as well as non-license industry programs. Over 300 extensive continuing ed courses are offered along with professional development education and events. "
target: Arizona Academy Of Real Estate
Arizona Real Estate School (AARE) is a real estate school in Arizona with campuses in Scottsdale, Mesa, Peoria and Phoenix. AARE has been supporting students in the real estate and lending industries since 2005.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/18/2016 via BNC Analysis

Magicbricks.com, acquired Properji

synopsis: Realty portal Magicbricks.com has acquired property analysis platform Properji.com. Properji.com, which started its operation in 2013, has presence in Bengaluru. The startup provides detailed research to buyers and has prepared reports for about 100 projects.
buyer parent: Times of India Group
buyer: Magicbricks.com
Magicbricks.com is a leading realty portal and is owned by Magicbricks Realty Services Ltd which is a subsidiary of Times Internet Ltd, the digital arm of The Times of India Group. The portal has over 80,000 projects and over 1.2 million listings. "
target: Properji
Properji.com is property analysis platform. Properji.com, which started its operation in 2013, has presence in Bengaluru. The startup provides detailed research to buyers and has prepared reports for about 100 projects.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/28/2020 via PR Newswire

Compass Analytics, LLC, will acquire Optimal Blue

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 3/29/2019 via Company Press Release

Nationwide Property & Appraisal Services, acquired Guideline AMC

synopsis: Nationwide Property & Appraisal Services LLC, a portfolio company of Corridor Capital, has acquired appraisal management company (“AMC”) Guideline Real Estate Services, LLC. Guideline, based in Chaska, MN, is a leading regional AMC with a strong reputation and presence in the retail channel, serving banks and credit unions in the North-Central U.S.
buyer parent: Corridor Capital, LLC
buyer: Nationwide Property & Appraisal Services
Nationwide Property & Appraisal Services, LLC, the 1st Appraisal Management Company to be licensed in the United States, is an award winning full service Appraisal Management Company, licensed, bonded and insured to conduct business nationwide. "
target: Guideline AMC
Guideline Real Estate Services, LLC, founded in 2009 and based in Chaska, MN, is a leading regional appraisal management company (AMC) with a strong reputation and presence in the retail channel, principally serving bank and credit union customers in the North-Central U.S.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/22/2020 via BusinessWire

Stewart Information Services Corp, acquired Pro Teck Valuation Intelligence

synopsis: Stewart announced its acquisition of Pro Teck Valuation Intelligence, strengthening and expanding its scale in appraisal and valuation solutions. Pro Teck is an industry leader in property valuation services, including their proprietary technology Valuation Intelligence, a cloud-based fulfillment platform.
buyer: Stewart Information Services Corp (STC:$2,061.61)
Stewart is a global real estate services company, offering products and services through their direct operations, network of Stewart Trusted Providers™ and family of companies. They offer the comprehensive service, deep expertise and solutions our customers need for any real estate transaction. "
target: Pro Teck Valuation Intelligence
Pro Teck is a residential real estate platform providing a single source of property valuations for mortgage originators, servicers and investors. Pro Teck delivers a comprehensive suite of products including appraisals, BPOs, desktop reviews, AVMs, data/analytics and hybrid solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/12/2020 via Company Press Release

Nationwide Property & Appraisal Services, acquired Olde City Lending Solutions

synopsis: Nationwide Property & Appraisal Services LLC, a portfolio company of Corridor Capital, completed its acquisition of Olde City Lending Solutions LLC, in partnership with founders, Joe Cudwadie and Bill Donahue. Founded in 2008, Olde City is a leading appraisal management company, based in the Philadelphia suburb of Warminster, PA.
buyer parent: Corridor Capital, LLC
buyer: Nationwide Property & Appraisal Services
Nationwide Property & Appraisal Services, LLC, the 1st Appraisal Management Company to be licensed in the United States, is an award winning full service Appraisal Management Company, licensed, bonded and insured to conduct business nationwide. "
target: Olde City Lending Solutions
Olde City is a leading appraisal management company, based in the Philadelphia suburb of Warminster, PA. The company has built a strong reputation and leading market position within the tri-state region, serving the region’s best banks and credit unions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Ticker: OTCPK:SYPT
 
 
 
 
 
 
 
 
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Scrypt builds secure cloud-based workflow management and collaboration tools for regulated industries. They help businesses operating in regulated industries improve document workflow and regain valuable time while protecting business-critical information.
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$0.27
EBITDA ($mm)
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Ticker: BKFS
 
 
 
 
 
 
 
 
Black Knight, Inc.
Black Knight, Inc.
Black Knight is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the homeownership lifecycle. They are committed to being a premier business partner that clients rely on to achieve their strategic goals.
year
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EBITDA ($mm)
$397.20
EBIT ($mm)
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Ticker: GS:ASPS
 
 
 
 
 
 
 
 
Altisource Portfolio Solutions S.A.
Altisource Portfolio Solutions S.A.
Altisource Portfolio Solutions S.A. is a premier marketplace and transaction solutions provider for the real estate, mortgage and consumer-debt industries. Its proprietary business processes, electronic payment software and behavioral science analytics improve outcomes for marketplace participants.
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EBITDA ($mm)
$197.71
EBIT ($mm)
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Employees
9313
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Ticker: PT
 
 
 
 
 
 
 
 
PINTEC
PINTEC
PINTEC is a leading independent technology platform enabling financial services in China. With its mission to "Power the Future of Finance", PINTEC aims to advance financial services by providing customizable and modular fintech solutions to its financial and business partners.
year
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$156.10
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$13.41
EBIT ($mm)
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Ticker: QTWO
 
 
 
 
 
 
 
 
Q2 Software, Inc.
Q2 Software, Inc.
Q2 is a secure, cloud-based digital transformation solutions company headquartered in Austin, Texas. Q2's digital banking solutions for deposits, money movement, lending, leasing, security and fraud enable financial institutions to deliver a better financial experience to their account holders.
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EBIT ($mm)
($43.13)
Net Income ($mm)
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0
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Ticker: SWX:CLXN
 
 
 
 
 
 
 
 
CREALOGIX
CREALOGIX
The CREALOGIX Group is an independent Swiss software provider and, as one of the Fintech Top 100 companies, it is a market leader in digital banking in Switzerland. CREALOGIX develops and implements innovative Fintech solutions for the electronic banking of tomorrow.
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aurionPro Solutions
aurionPro Solutions
Aurionpro Solutions is a global technology solutions leader that helps enterprises accelerate their digital innovation, securely and efficiently. It combines core domain expertise, thought leadership in innovation, security and leverages industry.
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$59.92
EBITDA ($mm)
$10.06
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800
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Ticker: WMIH
 
 
 
 
 
 
 
 
WMIH Corp.
WMIH Corp.
WMIH Corp. provides quality servicing, origination and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper, Xome and Champion Mortgage.
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EBITDA ($mm)
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Employees
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Ticker: EPR
 
 
 
 
 
 
 
 
EPR Properties
EPR Properties, formerly Entertainment Properties Trust, is a specialty real estate investment trust that owns 135 megaplex theaters across the country.
year
2015
rev ($mm)
$397.81
EBITDA ($mm)
$344.51
EBIT ($mm)
$267.70
Net Income ($mm)
$186.93
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Ticker: XTRA:PAT
 
 
 
 
 
 
 
 
Patrizia
Patrizia
Patrizia is the leading global partner for pan-European real estate investment. Patrizia’s activities include the acquisition, management, repositioning and sale of residential and commercial real estate through its own licensed investment platforms.
year
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$390.83
EBITDA ($mm)
$96.40
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$41.77
Net Income ($mm)
$44.40
Employees
0
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