Investment Summary

Serent Capital Invests In First American Docutech

On July 7, 2016, growth capital firm Serent Capital invested in financial services company First American Docutech

Investment Highlights
  • This is Serent Capital’s 2nd transaction in the Financial Services sector.
  • This is Serent Capital’s 19th transaction in the United States.
  • This is Serent Capital’s 1st transaction in Idaho.
Investment Fate
  • First American Docutech was sold to a publicly-traded strategic buyer in 2020.

Investment Summary

Date 2016-07-07
Target First American Docutech
Sector Financial Services
Investor(s) Serent Capital
Deal Type Growth Capital

Target

First American Docutech

Idaho Falls, Idaho, United States
First American Docutech provides an end-to-end integrated digital mortgage experience that enables lenders to accelerate the real estate closing process. The company digitizes and streamlines the creation, delivery, execution, and perfection of mortgage documents. First American Docutech sets the standard in providing market-proven technology and unrivaled customer service to the financial industry. First American Docutech was formed in 1991 and is based in Idaho Falls, Idaho.

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Investor(S) 1

Investor

Serent Capital

San Francisco, California, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2008
PE ASSETS 5.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Serent Capital is a private equity firm focused on investing in profitable, growing businesses featuring scalable business models and operating in sectors undergoing significant change. Serent looks for companies with $5 to $100 million in growing annual sales where it can commit $20 to $200 million of capital. Target transaction situations include buyouts, recapitalizations, and growth financings. Serent Capital was formed in 2008 and is based in San Francisco, California.


DEAL STATS #
Overall 19 of 77
Sector: Financial Services M&A 2 of 2
Type: Growth Capital M&A Deals 15 of 63
State: Idaho M&A 1 of 1
Country: United States M&A 19 of 73
Year: 2016 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-16 Optimal Blue

Plano, Texas, United States

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.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-26 Commissions

Marietta, Georgia, United States

Commissions, Inc. is a provider of web-based real estate marketing and CRM software for elite agents and teams across North America. The solution includes a consumer website that integrates with local MLS data, a complete CRM platform that allows real estate agents to nurture clients and monitor their business, and access to two mobile apps (CINC Agent App and Houses.net).

Sell -