General World News

Sales Boomerang and Mortgage Coach merge

Mortgage fintechs Sales Boomerang and Mortgage Coach have merged, roughly six months after a Philadelphia-based private equity firm bought a controlling stake in each company.

The two companies have been working toward the merger since LLR Partners’ made an investment in each in January. Richard Harris, former chief executive officer at email sending and delivering platform Spark Post, will take the helm as CEO. 

A unified name has not yet been determined and Sales Boomerang and Mortgage Coach will continue to operate as distinct brands, for now, the companies said. Specific terms of the deal were not disclosed. 

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