M&A Deal Summary

Xactus Acquires MassiveCert

On July 25, 2022, Xactus acquired information technology company MassiveCert

Acquisition Highlights
  • This is Xactus’ 1st transaction in the Information Technology sector.
  • This is Xactus’ 2nd transaction in the United States.
  • This is Xactus’ 1st transaction in Florida.

M&A Deal Summary

Date 2022-07-25
Target MassiveCert
Sector Information Technology
Buyer(s) Xactus
Deal Type Add-on Acquisition

Target

MassiveCert

St. Petersburg, Florida, United States
MassiveCert is a provider for flood zone determinations, elevation certificates, Letters of Map Amendment (LOMA), private flood compliance, and real-property risk. The company produces flood zone determinations for mortgage, insurance, lending, compliance, real estate, and market analysis by offering numerous determination types and exhibits tailored to its customers. MassiveCert is based in St. Petersburg, Florida.

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Buyer(S) 1

Buyer

Xactus

Broomall, Pennsylvania, United States

Category Company
Founded 1928
Sector Software
DESCRIPTION

Xactus engages in mortgage technology, credit reporting, and related products and solutions for mortgage originators. Xactus has over 4,000 clients ranging from the largest bank and non-bank mortgage originators to credit unions and mortgage brokers. Xactus prides itself on the best technology, solutions, and service in the industry. Xactus was founded in 1928 and is based in Broomall, Pennsylvania.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-08 Data Facts - Lending Solutions Divisions

Cordova, Tennessee, United States

Data Facts' Lending Solutions Divisions is a provider of lending and appraisal management solutions to clients for making smart hiring decisions.

Buy -