Nesto completed the acquisition of CMLS Financial.

Nesto, a digital mortgage platform, completed the acquisition of CMLS Financial, a mortgage finance company. Financial terms were not disclosed. “In addition to the strong business rationale for the transaction, we were very impressed by the strong entrepreneurial values at CMLS and how engaged employees are. There is a clear culture fit for our organizations. We are excited to build the Mortgage Ecosystem of the Future with CMLS,” Malik Yacoubi, nesto CEO.