Announced
Completed
Synopsis
Abrigo, a provider of compliance, credit risk, and lending solutions for financial institutions, completed the acquisition of Integrated Financial Solutions, the provider of IFSLeaseWorks, a company specialised in end-to-end lease and loan origination and administration automation. Financial terms were not disclosed. "Financial institutions are eager to grow while keeping an eye on profitability. That’s why the automation provided by the IFS solution is a great complement to the lending automation that Abrigo provides to our 2.4k financial institutions today. We couldn’t be more excited to welcome the IFS team and their clients into the Abrigo family," Jay Blandford, Abrigo CEO.
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