PartnerOne To Acquire Mortgage Cadence
By joining PartnerOne, the cloud-based digital lending solutions provider will enable the development of new capabilities, integrations, and automation tools to meet the evolving needs of major financial institutions and independent mortgage banks
Enterprise software provider PartnerOne has entered into an agreement with Accenture to acquire Mortgage Cadence, a provider of cloud-based digital lending solutions. Terms of the transaction were not disclosed.
“This agreement represents a powerful alignment of values and vision,” said Pedro Garcia, Mortgage Cadence CEO. “PartnerOne’s investment philosophy and operational excellence will enable us to evolve our platform, deepen our customer relationships, and continue delivering exceptional solutions across the mortgage lifecycle.”
Mortgage Cadence’s platform, including its Enterprise and Essentials offerings, were designed to streamline loan origination, reduce operational costs, and enhance borrower experiences. Joining PartnerOne will enable the development of new capabilities, integrations, and automation tools that meet the evolving needs of major financial institutions, credit unions, and independent mortgage banks.
“PartnerOne looks forward to bringing Mortgage Cadence into our portfolio,” said Suzanne Fortman, vice president at PartnerOne. “We believe in building enduring software companies that prioritize people and customers. Mortgage Cadence exemplifies this ethos, and we’re excited to invest in its future, expand its employees’ skillsets, and accelerate innovation in mortgage technology.”
More than 1,500 enterprise and government organizations rely on PartnerOne software, including 80% of the largest companies in the world.
Cloud-based digital lending platform Mortgage Cadence enables lenders to work more efficiently, leveraging automation and workflow tools that deliver excellent borrower, sales, and operational user experience.