Certain Assets of Lender Processing Services
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Certain Assets of Lender Processing Services - overview
Location
Jacksonville, FL, US
Primary Industry
Financial Services
About
Certain Assets of Lender Processing Services offers technology solutions to streamline the mortgage process, enhancing efficiency and collaboration for lenders and real estate professionals across the United States. Certain Assets of Lender Processing Services operates in the mortgage technology sector, focusing on solutions that assist mortgage lenders and real estate professionals. The firm is headquartered in Jacksonville, US. It was acquired by Constellation Software Inc.
, a portfolio company of Birch Hill Equity Partners and OMERS Private Equity, on May 4, 2012. Certain Assets of Lender Processing Services provides a range of technology solutions aimed at enhancing the homeownership experience. Their offerings include the Encompass® digital mortgage solution, which facilitates efficient loan origination, and ICE Surefire, which supports customer acquisition and retention through automation. Additionally, ICE Mortgage Analyzers use intelligent document recognition for accurate document processing, while the MSP® Mortgage Servicing System aids in effective loan servicing management.
These products serve mortgage lenders, title companies, and real estate professionals throughout the United States, focusing on productivity and improved customer satisfaction. Revenue generation for Certain Assets of Lender Processing Services is primarily through subscription-based models for their software solutions. Clients engage in contracts to access flagship products like Encompass® and ICE Surefire, which streamline loan origination processes. Additional revenue comes from services such as document automation and analytics platforms tailored to the specific needs of mortgage professionals and real estate companies in the U.
S. market. The company aims to enhance its product offerings and market presence through the introduction of new solutions scheduled for release in the upcoming fiscal periods. Plans include expanding into new geographic regions across the U.
S. market to better serve mortgage professionals. The recent acquisition by Constellation Software Inc. is expected to support these initiatives, although specific financial terms were not disclosed during the acquisition.
Current Investors
Constellation Software Inc.
Primary Industry
Financial Services
Sub Industries
Consumer Finance, Mortgage Banking
Website
www.lpsvcs.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Certain Assets of Lender Processing Services - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Certain Assets of Lender Processing Services | - |
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