Description
Lovell Minnick Partners, LLC, a private equity firm focused on investments in financial services, financial technology and related business services, today announced it has acquired a majority stake in UniversalCIS (the “Company”), a market-leading, technology-enabled provider of credit data and related origination solutions in the mortgage industry. Moving forward, Lovell Minnick and UniversalCIS’ management team will work closely to leverage this investment to fuel continued growth of the Company and provide additional capital for future acquisitions. Financial terms of the transaction were not disclosed.
FundzWatch™ Score
67
Medium Activity
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