Announced
Completed
Financials
Tags
Financial Data and Systems
Acquisition
Private
mortage data services
Friendly
United States
Single Bidder
Completed
Domestic
Majority
Synopsis
Intercontinental Exchange, an operator of global exchanges and clearing houses and provider of data and listings services, completed the acquisition of Simplifile, operator of the network connecting the agents and jurisdictions that underpin national mortgage records, for $335m. "By connecting lenders, settlement agents, and counties through a robust network, Simplifile will enhance ICE’s efforts to further streamline a legacy process ripe for innovation," Chris McEntee, ICE Mortgage Services President.
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