Announced
Completed
Financials
Tags
Completed
Digital Services
Majority
Acquisition
Single Bidder
Friendly
digital financial solutions
Private
United States
Cross Border
Synopsis
Wolters Kluwer, an American Dutch information services company, completed the acquisition of eOriginal, a provider of cloud-based digital lending software, for €231m ($280m). "Borrower preferences, competition among lenders, and changing regulations are driving increased digitization of the lending workflow. eOriginal is well-positioned to take advantage of these systemic trends. The acquisition positions us as the leading provider of digital lending solutions, spanning all workflows from loan approval, to document preparation and closing, with compliance certainty," Steven Meirink, Wolters Kluwer Executive Vice President and General Manager, Compliance Solutions.
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