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New Deal


Announced

Completed

Insight Partners led a $108m Series B round in SimpleNexus.

Financials

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Transaction Value£79m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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mortgage lending

FinTech

United States

financial technology

Minority

Friendly

Private

Completed

Acquisition

Venture Capital

Single Bidder

Private Equity

Domestic

Synopsis

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Insight Partners, a global venture capital and private equity firm, led a $108m Series B round in SimpleNexus, a developer of a homeownership platform connecting loan officers, borrowers, real estate agents and settlement agents. "SimpleNexus' innovative solutions continue to change the mortgage industry in exciting ways. CEO Matt Hansen and the SimpleNexus team are executing at a remarkable pace on their long-term vision of streamlining the path to homeownership. The SimpleNexus platform continues to strengthen, addressing key industry pain points while preserving lender flexibility, efficiency and simplicity. We are thrilled to support the company's continued growth and excited by the partnerships they are creating to deliver a seamless homeownership journey," Jeff Lieberman, Insight Partners Managing Director.

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