Announced
Completed
Financials
Tags
Private
Domestic
United States
Private Equity
Acquisition
Mortgage Finance
Majority
digital mortgage
Single Bidder
Friendly
Completed
Synopsis
Sun Capital Partners, a private investment firm, completed the acquisition of LoanLogics, a digital mortgage solutions provider. Financial terms were not disclosed. “Sun Capital is thrilled that LoanLogics is our second technology platform investment after formalizing our technology vertical. Inefficiencies in data and workflow are driving rising mortgage market costs, and LoanLogics helps solve this industry challenge. We look forward to applying our operating experience to accelerate LoanLogics’ growth,” Marc Leder, Sun Capital Co-CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.