Bain Capital Tech Opportunities Invests in finova and Acquires Iress' UK MSO Business

March 15, 2024

Bain Capital Tech Opportunities has agreed to a majority investment in finova and to acquire Iress' UK Mortgage Sales & Originations (MSO) software business. Bain will combine the two complementary mortgage origination and servicing platforms to expand product capabilities and serve a broader set of lenders, brokers and savings institutions in the U.K.

Buyers
Bain Capital Tech Opportunities
Targets
finova, Iress UK Mortgage Sales & Originations (MSO) software business
Sellers
Iress
Platforms
finova
Industry
Software
Location
United Kingdom
Transaction Type
Addon

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