Concord Servicing completed the acquisition of Orion First.

Concord Servicing, a provider of credit administration software and services, completed the acquisition of Orion First, a full-service commercial loan, lease, and contract management company. Financial terms were not disclosed. "This expansion allows us to meet the growing needs of our originator, lender, and capital provider clients by delivering end-to-end credit administration and servicing solutions across both consumer and commercial end markets. By combining Concord's deep consumer sector expertise with Orion's commercial finance capabilities, we've built an unmatched platform that delivers best execution across multiple markets and products, addressing a clear gap in the industry. We're excited to welcome the Orion First team to the Concord family as we continue to scale in support of our clients," Dhruv Vakharia, Concord CEO.