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New Deal


Announced

Completed

Intercontinental Exchange completed the acquisition of Simplifile for $335m.

Financials

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Transaction Value£257m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

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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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