PartnerOne Acquires Mortgage Cadence to Transform Digital Lending Solutions

PartnerOne, recognized as one of the fastest-growing software groups globally, has made a significant move by entering into an agreement with Accenture to acquire Mortgage Cadence, a leading name in cloud-based digital lending solutions. This acquisition stands to redefine the mortgage origination landscape, providing enhanced experiences for both lenders and borrowers.

With a firm commitment to fostering innovation within enterprise software, PartnerOne will now serve as a long-term platform for Mortgage Cadence's growth journey. The company has a history of acquiring software companies and channeling investments into them, making them more efficient and robust. This strategic shift aligns perfectly with PartnerOne's ethos of nurturing software firms to achieve their maximum potential.

Pedro Garcia, CEO of Mortgage Cadence, emphasized the significance of this partnership. He stated, "This agreement represents a powerful alignment of values and vision. PartnerOne's operational excellence and commitment to investment will empower us to evolve our platform further, deepen customer relationships, and provide exceptional solutions throughout the mortgage lifecycle."

Mortgage Cadence has developed a platform that simplifies loan origination processes, aiming to minimize operational expenditures while enhancing the overall borrower experience. The acquisition will enable Mortgage Cadence to roll out new capabilities, integrations, and automated tools tailored to the needs of prominent financial institutions, credit unions, and independent mortgage banks.

Suzanne Fortman, Vice-President at PartnerOne, expressed the company’s enthusiasm: "We look forward to welcoming Mortgage Cadence into our portfolio. Our aim is to build enduring software companies that prioritize their customers. Mortgage Cadence is a prime example of this commitment, and we are excited about investing in its future and enhancing its employee skill sets to accelerate innovation in mortgage technology."

PartnerOne is dedicated to ensuring that the transition for Mortgage Cadence's customers and partners is as smooth as possible. The completion of this acquisition is contingent upon standard closing conditions, although specific terms of the transaction remain undisclosed.

About PartnerOne

PartnerOne is among the leading entities in the enterprise software sector, boasting a solid history of successful acquisitions and growth strategies. With over 1,500 enterprises and government organizations relying on their software solutions, including a considerable portion of the world's largest corporations, PartnerOne stands out as a provider of innovative technology solutions. More details can be found on their official website, www.partnerone.com.

About Mortgage Cadence

Mortgage Cadence is recognized for offering an extensive, modern, cloud-based digital lending platform. This system ensures an exceptional user experience throughout the mortgage lending lifecycle across various products and channels. By leveraging cutting-edge collaboration tools from initial borrower interaction to closing, their platform is designed to be both comprehensive and customizable. It aims to meet the evolving demands of today’s lenders by maximizing efficiency through automation and effective workflow tools. For additional information, visit www.mortgagecadence.com.