Trinity Hunt Sells NDEx

Trinity Hunt Partners has sold National Default Exchange to Dolan Media Co. (NYSE: DM) for $195 million, plus the possibility of a $13 million earn-out. NDEx is a Dallas-based provider of mortgage default processing services in Texas, California and Georgia.

 

PRESS RELEASE

 

Trinity Hunt Partners, a leading growth private equity and buyout firm in the Southwest, has announced the sale of National Default Exchange, L.P. (“NDEx”) to Dolan Media Company (NYSE: DM), a national provider of business information and professional services to the legal, financial and real estate sectors, for $208 million, including a $13-million earn-out. 

 

NDEx, based in Dallas, provides mortgage default processing services in Texas, California and Georgia