Ellie Mae Acquires Capsilon

Thoma Bravo Acquires Ellie Mae for $3.7B

February 10, 2019

Cloud & SaaS

Thoma Bravo, a leading private equity firm, acquired Ellie Mae, the Pleasanton-based cloud platform provider for the mortgage finance industry, in an all-cash transaction valued at approximately $3.7 billion. Ellie Mae shareholders received $99.00 per share; the deal, announced Feb. 12, 2019, was approved by stockholders and closed on April 17, 2019, making Ellie Mae a privately held company focused on accelerating innovation in its Encompass digital lending platform.

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.

SMA Technologies Acquires Encapture

November 7, 2024

Cloud & SaaS

SMA Technologies has acquired Encapture, an intelligent document processing (IDP) and image lifecycle management platform, to expand its OpCon automation capabilities for banks, credit unions and other financial institutions. The deal adds machine learning‑driven OCR, document verification, and loan origination/compliance capabilities to SMA's workflow and orchestration offering, enabling deeper front- and back‑office automation for financial customers.

Model ML Acquires Captide

February 12, 2026

Data & Analytics

Model ML has acquired Captide, a financial data platform that converts global corporate filings into LLM-ready documents and structured data. The deal expands Model ML's AI workflow capabilities by adding disclosure intelligence—used by Big 4 firms, consultants and major financial institutions—to enable its agents to reliably retrieve, reason over, and cite corporate filings.

iCapital Network Acquires AI Insight

January 21, 2021

Financial Services

iCapital Network has agreed to acquire the assets of AI Insight, Inc., an education and compliance platform that provides fund-specific research, training and credentialing for financial advisors focused on alternative investments. As part of the transaction, AI Insight’s executives Sherri Cooke and Jennifer Simon and eight additional employees are expected to join iCapital to integrate AI Insight’s learning management system into iCapital’s advisor-facing alternative investment platform.

InnoCaption Acquires CaptionMate

November 1, 2024

Telecommunications

InnoCaption has acquired CaptionMate, expanding its mobile call-captioning footprint and multilingual capabilities. CaptionMate will operate as a standalone service supported by InnoCaption's engineering and customer-service teams, with CaptionMate founder Beryl Bucher serving in a temporary advisory role.