eOriginal agreed to be acquired by a division of Dutch information services company Wolters Kluwer. The 24-year-old company's employees and local presence are staying in place.
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Wolters Kluwer Governance, Risk & Compliance (GRC) has signed an agreement to acquire eOriginal, a leading provider of cloud-based digital lending software, for approximately €231 million in cash.
The acquisition extends GRC Compliance Solutions leading position in U.S. mortgage and loan document generation and analytics into the fast-growing digital loan closing and storage adjacency.
eOriginal is a trusted leader in digital lending technology, serving more than 650 customers in the U.S., including banks, mortgage lenders, consumer lenders, and auto and equipment finance lenders. The eOriginal platform enables lenders and their partners to create, store and manage digital assets from close through to the secondary loan market. GRC s Compliance Solutions business has had a strategic partnership with eOriginal since 2016, which allows the integration of eOriginal s electronic vaulting and closing software with Expere. The offerings of eOriginal and GRC Compliance Solutio
Wolters Kluwer N.V.: Wolters Kluwer to Acquire eOriginal
Wolters Kluwer to Acquire eOriginal
December 10, 2020 - Wolters Kluwer Governance, Risk & Compliance (GRC) has signed an agreement to acquire eOriginal, a leading provider of cloud-based digital lending software, for approximately
€
231 million in cash.
The acquisition extends GRC Compliance Solutions leading position in U.S. mortgage and loan document generation and analytics into the fast-growing digital loan closing and storage adjacency.
eOriginal is a trusted leader in digital lending technology, serving more than 650 customers in the U.S., including banks, mortgage lenders, consumer lenders, and auto and equipment finance lenders. The eOriginal platform enables lenders and their partners to create, store and manage digital assets from close through to the secondary loan market. GRC s Compliance Solutions business has had a strategic partnership with eOriginal since 2016, which allows the integration of eOriginal
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