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PartnerOne finalizes acquisition of Mortgage Cadence

PartnerOne has completed its acquisition of Mortgage Cadence, adding another long-standing mortgage technology platform to the portfolio of the global enterprise software group, the company announced Thursday.

Terms of the deal were not disclosed. The transaction was previously announced as an agreement with Accenture to sell Mortgage Cadence, which provides a cloud-based digital lending platform used by mortgage lenders across channels and products.

With the deal closed, Mortgage Cadence will operate under the PartnerOne umbrella, which focuses on acquiring and holding software companies as long-term businesses rather than flipping them. PartnerOne said the acquisition is intended to give Mortgage details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com

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