Xactus LLC
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Xactus LLC is a privately-held reseller of credit information that provides credit report information from the 3 credit bureaus at the request of mortgage company clients per the Fair Credit Reporting Act guidelines. The company developed a technology platform that provides credit reporting, income and property verification, identity and fraud detection as well as appraisal management services to clients including banks, non-bank mortgage lenders, credit unions and mortgage brokers, enabling them to mitigate risk, close loans faster, overcome underwriting challenges and save on costs. Xactus LLC was founded in 1992 by Jerry Haftmann. Xactus LLC headquarters are located in Broomall, Pennsylvania. Xactus LLC was formerly known as UCS and UniversalCIS LLC.
Keywords
Keywords
Classified
Private