Paradigm Quest Acquired by US PE Firms – Report

Mortgage 2

U.S. private equity firms Culpeper Capital Partners and Fortress Investment Group recently took a majority stake in Paradigm Quest Inc., reports Canadian Mortgage Trends. In late February, Culpeper and Fortress acquired this position in Paradigm, a Toronto-based company that provides cost-effective mortgage operating solutions, for an undisclosed price from previous backer Five Fathom Partners. Fortress also took a controlling position in Merix Financial Inc., also of Toronto.

For further information about Paradigm Quest, please visit the company’s website.

For futher information about Merix Financial, please visit the company’s website.

Photo courtesy of Shutterstock.

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