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  6. CMLS Financial Acquires Delta 360

M&A Deal Summary

CMLS Financial Acquires Delta 360

On August 11, 2016, CMLS Financial acquired software company Delta 360

Acquisition Highlights
  • This is CMLS Financial’s 1st transaction in the Software sector.
  • This is CMLS Financial’s 1st transaction in Canada.
  • This is CMLS Financial’s 1st transaction in Ontario.

M&A Deal Summary
Date 2016-08-11
Target Delta 360
Sector Software
Buyer(s) CMLS Financial
Deal Type Add-on Acquisition

Target

Delta 360

Markham, Ontario, Canada
Delta 360, Inc. is a technology provider focused on delivering superior mortgage and lending software solutions to the Canadian financial industry. Delta 360 provides users with essential consulting and custom-built technology solutions and strategies for infrastructure, development and project management for all types of lenders, nationwide.

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Buyer(S) 1

Buyer

CMLS Financial

Vancouver, British Columbia, Canada
Category Company
Founded 1974
Sector Financial Services
DESCRIPTION

CMLS Financial is an independent mortgage services company, that provides a wide range of commercial lending services, residential mortgages, and institutional services. CMLS Financial was formed in 1974 and is based in Vancouver, British Columbia.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2016 M&A 1 of 1
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