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M&A Deal Summary

Optimal Blue Acquires LoanLogics - PPE Business LoanDecisions

On October 1, 2018, Optimal Blue acquired information technology company LoanLogics - PPE Business LoanDecisions from LoanLogics

Acquisition Highlights
  • This is Optimal Blue’s 2nd transaction in the Information Technology sector.
  • This is Optimal Blue’s 5th transaction in the United States.
  • This is Optimal Blue’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2018-10-01
Target LoanLogics - PPE Business LoanDecisions
Sector Information Technology
Buyer(s) Optimal Blue
Sellers(s) LoanLogics
Deal Type Divestiture

Target

LoanLogics - PPE Business LoanDecisions

Trevose, Pennsylvania, United States
LoanLogics, Inc. - PPE Business, LoanDecisions includes LoanHD platform which provides automation for every step in the loan acquisition process – from initial seller application review to loan funding and servicing onboarding – and overcomes the challenges that stem from a traditionally manual and fragmented correspondent loan purchase workflow.

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Buyer(S) 1

Buyer

Optimal Blue

Plano, Texas, United States
Category Company
Founded 2002
Sector Business Services
DESCRIPTION

Optimal Blue operates mortgage secondary marketing technology & facilitates transactions among mortgage market participants through its Marketplace Platform, actionable data, and technology vendor connections. Optimal Blue was formed in 2002 and is based in Plano, Texas.

DEAL STATS #
Overall 5 of 5
Sector: Information Technology M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-10 Resitrader

Calabasas, California, United States

Resitrader, Inc. is an intuitive trading and operations platform for residential, whole loan mortgages. Resitrader focused on bringing automation and transparency to the spot market for mortgage loans. Resitrader, Inc. was founded in 2015 and is based in Calabasas, California.

Buy -

Seller(S) 1

SELLER

LoanLogics

Jacksonville, Florida, United States
Category Company
Founded 2005
Sector Information Technology
DESCRIPTION

LoanLogics is a provider of an automates loan quality management processes, validates compliance and optimizes human capital requirements for residential mortgage lenders, servicers, insurers, and investors. LoanLogics was founded in 2005 and is based in Jacksonville, Florida.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1
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