The enterprise software group PartnerOne entered into an agreement with Accenture to acquire Mortgage Cadence, a provider of cloud-based digital lending solutions.
In a press statement, PartnerOne identified itself as a firm that “acquires software companies with enduring commitment, investing to make them better, stronger, and faster.” The terms of the deal were not disclosed.
“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.”
“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.”
