Announced
Completed
Synopsis
Narrow Gauge Capital, a private equity firm, completed the acquisition of a majority stake in Inco-Check, a provider of quality control audit management mortgage software. Ocean Avenue Capital Partners also provided equity capital in the transaction. Financial terms were not disclosed. "NGC’s investment track record and deep networks in the mortgage services sector made them a very compelling partner for Inco-Check as we pursue continued growth and the expansion of our capabilities. Given their focus on partnering with founder-owned companies like Inco-Check, NGC is the ideal group to help us enhance the technology and client-focused service models that have made us so successful,” Jack Lentz, Inco-Check Founder.
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