PartnerOne Enters Agreement to Acquire Mortgage Cadence
PartnerOne, known for its unwavering commitment to building and investing in enterprise software companies, will provide Mortgage Cadence with a Forever-Home: a long-term platform for growth, innovation, and customer-centric excellence. PartnerOne acquires software companies with enduring commitment, investing to make them better, stronger, and faster.
"This agreement represents a powerful alignment of values and vision," said
Mortgage Cadence's platform, including its Enterprise and Essentials offerings, is designed to streamline loan origination, reduce operational costs, and enhance borrower experiences. Joining PartnerOne will enable the development of new capabilities, integrations, and automation tools that meet the evolving needs of major financial institutions, credit unions, and independent mortgage banks.
"PartnerOne looks forward to bringing Mortgage Cadence into our portfolio," said
PartnerOne is committed to ensuring stability and a seamless transition for Mortgage Cadence customers and partners.
Completion of the acquisition is subject to customary closing conditions. Terms of the transaction were not disclosed.
About PartnerOne
PartnerOne is one of the fastest growing enterprise software groups in the world, with a proven track record of acquiring and growing enterprise software companies. Over 1,500 enterprise and government organizations rely on PartnerOne software, including 80% of the largest companies in the world. For more information, visit www.partnerone.com.
About Mortgage Cadence
Mortgage Cadence delivers the industry's most complete, modern, cloud-based digital lending platform designed to provide an exceptional user experience throughout the entire mortgage lending life cycle, across all channels and products. With leading borrower point-of-sale through closing collaboration tools, the end-to-end platform is both complete and configurable, offering an open architecture designed to meet the needs of today's lenders. The platform enables lenders to work more efficiently, leveraging automation and workflow tools that deliver excellent borrower, sales, and operational user experience. For more information, visit www.mortgagecadence.com.
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SOURCE PartnerOne
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