Ellie Mae Capsilon Acquisition
Ellie Mae is the leading cloud-based platform provider for the mortgage finance industry. Ellie Mae to Acquire Capsilon to Deliver End-to-End Mortgage Automation.
Transformative deal boosts AI capabilities and enables true digital mortgage.
Ellie mae capsilon acquisition. The deal is expected to close in the third quarter or early fourth. Transformative deal boosts AI capabilities and enables true digital mortgage. Our technology solutions enable lenders to originate more loans reduce origination costs and shorten the time to close all while ensuring the highest levels of compliance quality and efficiency.
The 40-year-old technology-focused private equity firm had previously. Loan origination system provider Ellie Mae has agreed to purchase mortgage technology firm Capsilon citing the growing appeal of artificial intelligence-driven automation and interest in becoming more active as an acquirer. Six months before purchasing Capsilon Ellie Mae was acquired by Thoma Bravofor an aggregate equity value of 37 billion.
This week Jonathan Corr the president and CEO of Ellie Mae discusses the company being acquired by Thoma Bravo as well as Ellie Maes recent acquisition of fintech company Capsilon. Ellie Mae to Acquire Capsilon to Deliver End-to-End Mortgage Automation. Ellie Mae is the leading cloud-based platform provider for the mortgage finance industry.
At Ellie Mae our North Star is to automate everything automatable within the mortgage industry. Ellie Mae a cloud-based platform provider announced Monday it signed a definitive agreement to acquire Capsilon a provider of AI-powered mortgage automation software for lenders investors and servicers. November 04 2019 Jonathan Corr.
Ellie Mae to Acquire Capsilon to Deliver End-to-End Mortgage Automation - Capsilon With the acquisition of Capsilon Ellie Mae is accelerating the vision of creating the most comprehensive end-to-end solution for mortgage companies. Ellie Mae has announced that it has signed a definitive agreement to acquire Capsilon a provider of AI-powered mortgage automation software for mortgage lenders investors and servicers. Ellie Mae the leading cloud-based platform provider for the mortgage finance industry announced today that it has signed a definitive agreement to acquire Capsilon the leading provider of AI-powered mortgage automation software for mortgage lenders investors and servicers.
No financial terms were disclosed. Ellie Mae has announced that it has signed a definitive agreement to acquire Capsilon a provider of AI-powered mortgage automation software for mortgage lenders investors and servicers. We are constantly talking toand more importantly listening toour customers and other members of the mortgage lending ecosystem to ensure that we have the best set of solutions to help drive down costs and time of loan origination acquisition and servicing all while ensuring the highest levels of compliance quality and efficiency.
Ellie Mae to Acquire Capsilon to Deliver End-to-End Mortgage Automation Transformative deal boosts AI capabilities and enables true digital mortgage Business Wire PLEASANTON Calif. This acquisition will accelerate Ellie Maes vision to offer a fully digital mortgage. ICE has agreed to purchase mortgage-software firm Ellie Mae from private equity firm Thoma Bravo.
In April 2019 Ellie Mae was acquired by Thoma Bravo LLC a private equity investment firm in an all-cash transaction that valued Ellie Mae at an aggregate equity value of approximately 37 billion. 28 2019 Ellie Mae the leading cloud-based platform provider for the mortgage finance industry announced today that it has signed a definitive agreement to acquire Capsilon the leading provider of AI-powered mortgage automation software for mortgage lenders investors and servicers. Why We Acquired Capsilon.
Thoma Bravo also worked closely with Ellie Mae to acquire Capsilon a highly strategic acquisition that added significant product capabilities and greatly expanded the companys total addressable. The acquisition was announced on February 12 2019 and closed on April 17 2019. Our technology solutions enable lenders to originate more loans reduce origination costs and shorten the time to close all while ensuring the highest levels of compliance quality and efficiency.
Ellie Mae has agreed to acquire Capsilon a provider of AI-powered mortgage automation software for mortgage lenders investors and servicers. Ellie Mae Signs Agreement to Acquire Capsilon October 28 2019 Ellie Mae a cloud-based platform provider Monday it signed a definitive agreement to acquire Capsilon a provider of AI-powered mortgage automation software for lenders investors and servicers. October 28 2019 1131 am By Kelsey Ramírez Ellie Mae a cloud-based platform provider announced Monday it signed a definitive agreement to acquire Capsilon a provider of AI-powered mortgage.
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