Lovell Minnick completed the acquisition of a majority stake in UniversalCIS.

Lovell Minnick, a private equity firm focused on investments in the global financial services industry, completed the acquisition of a majority stake in UniversalCIS, a technology-enabled provider of credit data and related origination solutions. Financial terms were not disclosed. “The UniversalCIS team has built an incredible company that plays a critical role in the mortgage origination process and provides best-in-class technology and customer service in a seamless, centralized manner. We believe the Company has tremendous growth potential and is well-positioned to benefit from tailwinds driving increased technology adoption and M&A activity in the mortgage market," Jason Barg, Lovell Minnick Partner.