Lincoln International represents American Capital, Ltd. in the sale of eLynx Holdings Inc. to Black Knight Financial Services, Inc.
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.
eLynx is a leading provider of premier technology, data and analytics across the mortgage loan lifecycle. Since 1994, eLynx has provided on-demand, web-based solutions that help automate paper-intensive processes, improve workflow, reduce costs and support compliance within the mortgage industry. Headquartered in Cincinnati, Ohio, with additional operations in Portland, Oregon, eLynx currently has approximately 90 employees across both offices. For more information, please visit www.elynx.com.
About American Capital
American Capital is a publicly traded private equity firm and global asset manager. American Capital, both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate and structured products. American Capital manages $20 billion of assets, including assets on its balance sheet and fee earning assets under management by affiliated managers, with $77 billion of total assets under management (including levered assets). Founded in 1986 and publicly traded since 1997, American Capital has eight offices in the U.S., Europe and Asia. For more information, please visit www.americancapital.com.
About Lincoln InternationalLincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and pension advisory services on a wide range of transaction sizes. With sixteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest.
More information about Lincoln International can be obtained at www.lincolninternational.com