Announced
Financials
Tags
Friendly
Private Equity
Majority
Pending
United States
Acquisition
Domestic
Single Bidder
Private
Consumer Services: Other
consumer reporting
Synopsis
Lovell Minnick-backed UniversalCIS, a technology-enabled provider of credit data and related origination solutions in the mortgage industry, agreed to acquire the lending solutions divisions from Data Facts, a national and international consumer reporting company. Financial terms were not disclosed. “Data Facts is a well-known, longstanding player in the market, and we are excited to leverage the Company’s expertise as we continue to enhance our technology offerings and bring value to current and future clients,” Perry Steiner, UniversalCIS Chairman.
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