Announced
Completed
Synopsis
Zoopla-backed Hometrack, a developer of a data analytics platform, completed the acquisition of mortgage lending business from EDM Group, a provider of document and information management services. Financial terms were not disclosed. “We are very pleased that EDM’s mortgage automation solutions have been recognised as market leading by Hometrack. The acquisition of these services by Hometrack, and combining them with their existing solutions, makes for a formidable proposition. We would like to wish Hometrack and the experts joining them from EDM great success on the journey ahead. EDM Group will continue to focus its growth plans on document management, digital transformation and emerging market sectors," John Willox, EDM Group CEO.
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