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Announced

Pepper Advantage to acquire UK mortgage servicing business from Computershare.

Synopsis

Pepper Advantage, a credit management company, agreed to acquire UK mortgage servicing business from Computershare, a stock transfer company. Financial terms were not disclosed. "This acquisition is a significant step forward in our mission to use technology to transform the customer experience and improve the service they receive. It is also a milestone for Pepper Advantage as we grow our UK AUM and significantly expand our capacity to serve a wider client base. This strategic move reflects our ongoing commitment to enhance credit management through technology; strengthen our platform capabilities; broaden our data insights; and support better outcomes for clients and customers. Computershare has been a great steward of the loan services business, and I am thrilled to welcome its talented UK mortgage team to the Pepper Advantage family as we embark on this exciting journey together," Fraser Gemmell, Pepper Advantage CEO.

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