![]() ![]() Details for the call are included at the end of this announcement.Įllie Mae, based in Pleasanton, California with approximately 1,700 employees, was founded in 1997 with a mission to automate and digitize the trillion-dollar residential mortgage industry. ![]() ![]() ![]() residential mortgage industry.Ī conference call to review the transaction details will be held on Thursday, Augat 5:00 p.m. The deal, following ICE’s taking a majority stake in MERS in 2016, purchasing the remainder in 2018, and acquiring Simplifile in 2019, establishes ICE, through its growing ICE Mortgage Services network, as the leading provider of end-to-end electronic workflow solutions serving the evolving U.S. The transaction with Ellie Mae, a portfolio company of Thoma Bravo, a leading private equity investment firm, values Ellie Mae at approximately $11 billion. Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, announced today that it has entered into a definitive agreement to acquire Ellie Mae®, the leading cloud-based platform provider for the mortgage finance industry. today to review transaction detailsĪTLANTA & PLEASANTON, Calif.-(BUSINESS WIRE). ICE will hold a conference call at 5:00 p.m. Deal strengthens ICE’s focus on mortgage servicesĮxtends track record of operating vital networks moving analog to digital ![]()
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