Ellie Mae to acquire AllRegs for $30 million

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Under the terms of the agreement, Ellie Mae will acquire AllRegs for $30.0 million in cash, subject to certain purchase price adjustments, including for working capital. Due to the anticipated timing of closing, the acquisition is expected to have a minimal impact on third quarter results.

– Under the terms of the agreement, Ellie Mae will acquire AllRegs for $30 million in cash, subject to certain purchase price adjustments, including for working capital. The transaction is expected to close within 90 days. Ellie Mae to acquire AllRegs for $30 million | 2014-08-07.

Under the terms of the agreement, Ellie Mae will acquire AllRegs for $30 million in cash, subject to certain purchase price adjustments, including for working capital. The transaction is expected to close within 90 days.

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Ellie Mae, Inc. is a software company that processes 35% of U.S. mortgage applications. The services are based on a software as a service model (SaaS) [2] that streamlines and automates the process of originating and funding new mortgage loans and facilitating regulatory compliance .

Ellie Mae Completes AllRegs Acquisition AllRegs employees and offices will be retained by Ellie Mae. Berkery Noyes served as exclusive strategic and financial advisor to AllRegs.. Ellie Mae will acquire AllRegs for $30.0 million in cash. to be expected when the company reports its third.

Mortgage industry software solutions and services provider Ellie Mae says it has an agreement to acquire AllRegs for $30,000,000 in cash. AllRegs acquired by mortgage tech provider Ellie Mae for $30M

Under the terms of the agreement, Ellie Mae will acquire AllRegs for $30.0 million in cash, subject to certain purchase price adjustments, including for working capital. Due to the anticipated timing of closing, the acquisition is expected to have a minimal impact on third quarter results.

More information and analysis of closed and denied loans by loan purpose and investor are available in the full report at http://www.elliemae.com/about-us/news-reports/ellie-mae-reports/. To get a.

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Ellie Mae, a Pleasanton, Calif.-based provider of on-demand software solutions and services for the residential mortgage industry, has signed a definitive agreement to acquire AllRegs, an Eagan, Minn.-based information provider for the mortgage industry, for $30 million.