Ellie Mae to acquire AllRegs for $30 million

Elle Mae, a provider of innovative on-demand software solutions and services for the residential mortgage industry, has signed a definitive agreement to acquire AllRegs, an information provider for the mortgage industry, for $30 million in cash, subject to certain price adjustments.

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Mortgage industry software solutions and services provider Ellie Mae says it has an agreement to acquire AllRegs for $30,000,000 in cash. AllRegs acquired by mortgage tech provider Ellie Mae for $30M

Gross margins grew, operating margins grew, net margins shrank. Revenue details Ellie Mae booked revenue of $29.9 million. The eight analysts polled by S&P Capital IQ anticipated revenue of $28.8.

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But specific to the mortgage biz, Ellie Mae announced plans to acquire AllRegs for $30 million in cash. "The acquisition of AllRegs expands Ellie Mae’s position as the industry’s market leader of.

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Seeking to bolster its content and service offerings, software maker ellie mae has signed a definitive agreement to acquire housing data and analytics firm AllRegs for about million. ‘allregs has built a strong reputation as the industry’s source for investor guidelines, compliance resources and education,’ says Sig Anderman, CEO of Ellie Mae, in a [.]

Ellie Mae, Inc. is a software company that processes 35% of U.S. mortgage applications. The services are based on a software as a service model (saas) [2] that streamlines and automates the process of originating and funding new mortgage loans and facilitating regulatory compliance .

Elle Mae, a provider of innovative on-demand software solutions and services for the residential mortgage industry, has signed a definitive agreement to acquire AllRegs, an information provider for the mortgage industry, for $30 million in cash, subject to certain price adjustments.

Ellie Mae (ELLI) just announced that it has reached a definitive agreement to acquire AllRegs for $30 million in cash, subject to certain purchase price adjustments, including for working capital.

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Under the terms of the agreement, Ellie Mae will acquire AllRegs for $30 million in cash, subject to certain purchase price adjustments, including for working capital. The transaction is expected to close within 90 days.