Announced

Completed

Concord completed the acquisition of Finley Technologies.

Synopsis

Concord, a provider of credit administration servicing and software for originators, lenders, and institutional investors across consumer and commercial specialty finance, completed the acquisition of Finley Technologies, a provider of credit facility management software for banks, asset managers, and corporate borrowers. Financial terms were not disclosed. “Our clients need a partner that owns both the technology and the operations. With Finley, we’re adding purpose-built software for credit facility management, borrowing base automation, portfolio analytics, and investor reporting to our existing servicing capabilities. One partner, proprietary technology, full lifecycle. That’s what it means to be the hub,” Dhruv Vakharia, Concord CEO.

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