Thursday, August 10, 2017

CoreLogic Buys Mercury Network

Irvine-based real estate and property information provider CoreLogic said this morning that it has acquired 100 percent of Mercury Network, a provider of software for valuation and appraisal management. Financial details of the acquisition were not announced. Mercury Network was owned by private equity investor Serent Capital. CoreLogic had previously purchase a 45 percent, minority stake in Mercury Network in June. The company said Mercury Network has more than 800 emerging and medium-sized mortgage lenders and appraisal management companies as customers.

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