FT Partners Advises LoanLogics on its Sale to Sun Capital Partners
Overview of Transaction
- On July 7, 2021, LoanLogics announced its sale to an affiliate of Sun Capital Partners
- Founded in 2005, LoanLogics is a provider of mortgage audit software and document processing automation solutions that help residential mortgage lenders, servicers, insurers and investors validate compliance, improve profitability and manage risk during the manufacture, sale and servicing of loan assets
- LoanLogics is a pioneer in utilizing AI and Machine Learning to improve the overall transparency and accuracy of the mortgage loan process
- Sun Capital is a leading global private equity firm with offices across the US and Europe, which possesses over 25 years of history investing in the Business Services, Consumer, Healthcare, Industrial and Technology sectors
Significance of Transaction
- Sun Capital’s deep strategic and operational expertise will enhance LoanLogics’ ability to focus on ensuring quality performance for clients in the production of loan assets and creating the premier investor network ecosystem for digital loan commerce
- Sun Capital can provide support and resources to LoanLogics, which will enable the Company to ensure quality performance for clients, enhance operations and serve the rapidly modernizing mortgage technology market
FT Partners' Role
- FT Partners served as exclusive strategic and financial advisor to LoanLogics
- This transaction underscores FT Partners’ continued success advising companies in the lending and mortgage technology space