Leading Digital Mortgage Solutions Provider LoanLogics Acquired by an Affiliate of Sun Capital Partners
LoanLogics, a digital mortgage solutions provider creating the premier investor network ecosystem for digital loan commerce, announced today that an affiliate of Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm focused on defensible businesses in growing markets, has completed an acquisition of the company. Terms of the private transaction were not disclosed.
Sun Capital partners with outstanding management teams and is recognized for its operational experience. Since 1995, the firm has invested in more than 425 companies worldwide with revenues in excess of $50 billion across a broad range of industries.
“We are eager to begin our collaboration with Sun Capital, who we firmly believe brings the level of experience necessary to help us leverage our technology leadership, excel operationally and optimize growth,” said Bill Neville, Chief Executive Officer of LoanLogics. “The support and resources Sun Capital is capable of providing to companies like ours will enable us to continue to ensure quality performance for our clients, enhance our operations and serve the rapidly modernizing mortgage technology market.”
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