American Capital, Ltd. sold eLynx Holdings Inc. to Black Knight Financial Services, Inc. for $115 million. ELynx is a software platform for document and data sharing in the mortgage industry. Black Knight provides technology, data and analytics services for the mortgage loan lifecycle. Investment bank Lincoln International acted as financial advisor to American Capital and eLynx.
Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that American Capital, Ltd. (“American Capital”) has completed the sale of eLynx Holdings Inc. (“eLynx” or the “Company”) to Black Knight Financial Services, Inc. (NYSE:BKFS, “BKFS”), a leading provider of premier technology, data and analytics solutions for the mortgage loan lifecycle, for $115 million.
eLynx is an industry-leading Software-as-a-Service (SaaS) platform for document and data collaboration and lender compliance for the mortgage industry. The Company’s end-to-end technology offering facilitates secure, electronic document and data exchanges between lenders, borrowers and other 3rd parties and provides lenders with compliance tools to manage the vastly increasing regulatory requirements involved in mortgage lending. eLynx’s differentiated array of capabilities provide support for fully compliant data-validated mortgages and eMortgages by automating paper-intensive processes, improving workflow and reducing costs.
Lincoln acted as the exclusive financial advisor to American Capital and eLynx in this transaction, working closely with eLynx’s senior management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.
“Lincoln’s deep software and mortgage industry knowledge, guidance and thoughtful advice were invaluable in securing a successful transaction”, said Sharon Matthews, CEO of eLynx. “We’re excited to have had the opportunity to work with American Capital and eLynx on this successful transaction, and look forward to watching the future combined success of eLynx and Black Knight Financial Services”, said Scott Twibell, Managing Director and Co-Head, Technology and Media, Lincoln International.