SEATTLE, WA--(Marketwired - January 10, 2018) - Corum Group, the leading M&A advisory firm for software and related technology companies, today announced that its client, Lending Manager, has been acquired by Loyalty Express.
Lending Manager is a leading point-of-sale and website creator for lenders of all sizes, and LoyaltyExpress is a provider of marketing automation and cloud-based CRM solutions for mortgage companies and banks. The combined company services 115 lenders with over 15,000 loan officers across all platforms.
"It was great working with the Corum Group team," said Wayne Steagall, founder of Lending Manager. "They helped walk us through the entire acquisition process and were extremely responsive to any questions we had. Corum Group was referred to us by a previous successful client and we would definitely recommend them to anyone else looking to take their company to market."
"We are impressed with Wayne, and the exceptional company he's built," said Rob Schram, Corum Group Senior Vice President, who led the deal. "Lending Manager embodies a spectrum of excellence – team, platform, market position, growth, profitability and value potential. We are delighted with the LoyaltyExpress partnership and are excited to witness the combined teams' continued success."
"Wayne and his team have developed integrations with over 75 CRM, loan origination, lead management, and point-of-sale systems which is a growing requirement of any solution in the mortgage industry," said Jeff Doyle, CEO of LoyaltyExpress. "We look forward to integrating CustomerManager with Lending Manager."
Schram will further discuss this deal, as well as the overall M&A market for software and related technology companies, during Corum's annual report webcast on January 18: Forecast 2018: Global Tech M&A.
About Corum Group
Corum Group is the global leader in merger and acquisition services, specializing in serving sellers of software and Internet companies worldwide. With offices globally, Corum has completed over US $7 billion in software M&A transactions over the last 30 years, spanning six continents. Corum also educates the industry with its popular conferences and publishes the most widely distributed software M&A research. Corum's M&A advisors are highly experienced former tech CEOs, who are supported by the industry's leading researchers, writers and valuators. Corum also does much to educate the industry with its conferences and webinars and the industry's most widely distributed software and IT M&A research.
LoyaltyExpress simplifies CRM and marketing automation for banks and mortgage companies, including one of the top three retail lenders in the nation. Its flagship solution, CustomerManager, is an enterprise-wide, Software-as-a-Service platform that combines lead management, email and direct mail campaigns with a 360-degree view of each loan officer's customers, partners and prospects. The MarketingCentral service delivers a web-based, sales collateral store powered by custom content creation and integrated print fulfillment. LoyaltyExpress eliminates the need to share sensitive customer data with multiple vendors and has a team of world-class marketing and branding experts with extensive experience in the mortgage industry. LoyaltyExpress is backed by New Capital Partners. For more information, visit www.loyaltyexpress.com.
About Lending Manager
Lending Manager builds custom corporate and loan officer websites for lenders of all sizes. The Company delivers world-class flexible point-of-sale solutions with over 75 integrations with the leading mortgage technology providers. Lending Manager is based in Newark, Delaware. For more information, visit www.lendingmanager.com.
About New Capital Partners
New Capital Partners is focused on building great companies by investing in high-growth businesses and partnering with management teams in the healthcare, financial services, and business services industries. New Capital Partners is headquartered in Birmingham, Alabama and has an office in Dallas, Texas. For more information, visit www.newcapitalpartners.com.