Lovell Minnick Partners Announces Investment in UniversalCIS
03/17/21, 12:05 PM
Location
new yorkLovell 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.
Company Info
Location
new york, new york, united states
Additional Info
Lovell Minnick Partners is a private equity firm focused on investments in financial services, financial technology and related business services. The firm partners with outstanding management teams to help grow their companies and build value for investors through a combination of driving growth initiatives, strategic activity and operational improvements. Since Lovell Minnick’s inception in 1999, it has become a leader in its chosen space, raising $3.5 billion of committed capital from leading institutional investors including public and private pensions, insurance companies, endowments and foundations. To date, Lovell Minnick has completed more than 50 portfolio company investments.