M&A Deal Summary

RCN Capital Acquires BLN Software

On February 4, 2025, RCN Capital acquired internet software and services company BLN Software

Acquisition Highlights
  • This is RCN Capital’s 1st transaction in the Internet Software and Services sector.
  • This is RCN Capital’s 1st transaction in the United States.
  • This is RCN Capital’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2025-02-04
Target BLN Software
Sector Internet Software and Services
Buyer(s) RCN Capital
Deal Type Add-on Acquisition

Target

BLN Software

Vernon, Connecticut, United States
BLN Software is a software provider for the private lending industry. BLN's platform centralizes and organizes deal scenarios from direct investors, mortgage brokers, and private lenders in a cloud-based solution. BLN Software is based in Vernon, Connecticut.

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Buyer(S) 1

Buyer

RCN Capital

South Windsor, Connecticut, United States

Category Company
Founded 2010
Sector Financial Services
DESCRIPTION

RCN Capital is a wholesale lender that provides residential investment loans for the purchase or refinance of non-owner-occupied single-family & multi-family properties. RCN specializes in providing wholesale partners with financing options for ground-up construction projects, fix & flips, and rental properties for their real estate investor clients. RCN Capital was formed in 2010 and is headquartered in South Windsor, Connecticut.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1