Announced

Novacap to acquire a minority stake in Accurate Group.

Synopsis

Novacap, a private equity firm, agreed to acquire a minority stake in Accurate Group, a mortgage finance services provider. Financial terms were not disclosed. “We are thrilled about this new partnership and strongly believe that Paul Doman and his talented management team will continue to create significant value in an environment where digitization is a key driver of growth. Accurate Group has developed a strong and scalable technology platform within the industry, and we are committed to ensuring the company continues to strive towards its ambitious objectives," David Lewin, Novacap Senior Partner.

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