LendingSpace Acquired by Lender Processing Services

Posted in Press Releases By Margaret Cobb

LendingSpace Acquired by Lender Processing Services

Ponte Vedra Beach, FL and Cambridge, MA – August 17, 2012 - Harbor View Advisors is pleased to announce that Lender Processing Services (NYSE: LPS) has completed the acquisition of LendingSpace.

Harbor View Advisors served as exclusive financial advisor to LPS in the transaction.

LendingSpace is a leading provider of mortgage loan origination Software-as-a-Service (SaaS) solutions. The acquisition positions LPS to benefit from the recovery in the U.S. housing market with a comprehensive solution that delivers compliance and loan quality across distribution networks. Lending Space provides proven scalable technology to enable LPS to expand its capabilities, particularly in the broker and correspondent lending markets.

Harbor View Advisors provides M&A advisory, turnkey corporate development and strategic consulting to software and technology-enabled business services companies. Our unique approach combines the strategic thinking of a consulting firm with the execution experience of an investment bank to provide clients with the full spectrum of guidance they need to achieve their goals. Whether you are seeking a path to liquidity for your business or are looking to strengthen your corporate development program, we work with your leadership team to solve your toughest challenges.