Intercontinental Exchange Acquires Simplifile LC

Intercontinental Exchange Acquires Ellie Mae from Thoma Bravo

August 6, 2020

Financial Services

Intercontinental Exchange (ICE) entered into and completed an agreement to acquire Ellie Mae, the cloud-based mortgage origination platform, from private equity firm Thoma Bravo for approximately $11 billion. The transaction (closed September 4, 2020) expands ICE's mortgage technology capabilities by integrating Ellie Mae's digital lending platform into ICE Mortgage Technology and combines origination, post-closing and registry solutions across the U.S. mortgage lifecycle.

Intercontinental Exchange (ICE) Acquires American Financial Exchange (AFX)

January 13, 2025

Financial Services

Intercontinental Exchange (ICE) has acquired 100% of the American Financial Exchange (AFX) from 7RIDGE. The purchase brings AFX's interbank lending marketplace and the AMERIBOR benchmark into ICE's broader index and mortgage technology network to expand capabilities for regional, midsize and community banks.

CyEx Acquires Simpluris Inc.

May 20, 2024

Legal Services

CyEx, a provider of data breach response solutions, has acquired Simpluris Inc., a class action settlement administrator. The acquisition will allow CyEx to add settlement administration capabilities and deliver data breach restitution services to a broader set of clients while Simpluris will continue to operate as a standalone business under its existing leadership.

InGenius Acquires Recruiting Platform SIMPL

July 24, 2025

Cloud & SaaS

Mortgage data intelligence firm InGenius has acquired SIMPL, a recruiting platform built by industry operators Fobby Naghmi and John Perry, and integrated it into the InGenius 2.0 system. The acquisition is intended to add structured recruiting workflows, market data integration, and automation to help branch and producing managers recruit more efficiently.

nCino Acquires SimpleNexus for $1.2 Billion

November 16, 2021

Cloud & SaaS

nCino, a cloud banking software provider, agreed to acquire SimpleNexus, a mobile-first homeownership and digital mortgage platform, in a transaction valued at approximately $1.2 billion (approximately $240 million cash and ~13.2 million shares). The acquisition expands nCino's point-of-sale and mobile capabilities in the U.S. mortgage market and is expected to close by the end of nCino's fourth fiscal quarter ending January 31, 2022, subject to customary approvals.

Simplicity Group Acquires Blue Ocean Financial Network

May 5, 2022

Financial Services

Simplicity Group, a Summit, New Jersey-based financial product distribution partnership, has acquired Northern California-based Blue Ocean Financial Network. Blue Ocean will transition to the Simplicity brand with co-founder Christopher Yen joining the Simplicity partnership and continuing to run day-to-day operations, expanding Simplicity’s distribution and underwriting capabilities in the Northern California market.