Ernst Publishing LLC has been sold to Black Knight, Inc.
Founded in 1989 and headquartered in Albany, NY, Ernst is a leading provider of technology solutions and closing cost fee data for the real estate and home finance industries. Ernst tracks fee changes for the vast majority of the title and lending industries, automatically updating systems and guaranteeing accurate fee information for consumer disclosure per lending regulation. Since the company’s founding, Ernst has processed over one billion transactions and unveiled dozens of technologies and products that generate efficiencies across the real estate industry.
Greg Teal, CEO of Ernst, commented, “It was a pleasure to work with Scott, Chris and the Lincoln team on this significant transaction for Ernst. Lincoln’s profound software and mortgage industry knowledge, as well as deep industry relationships, were invaluable in securing a successful transaction.”
Scott Twibell, Managing Director and Co-Head of Lincoln International’s Technology, Media & Telecommunications Group, added, “We offer our congratulations to both the Ernst and Black Knight teams on this important transaction. Given the great strategic and operational fit between the two organizations, we are excited to have helped deliver a positive outcome for the Ernst shareholders and employees.”
The Lincoln team worked closely with the Ernst management team and shareholders throughout the sale process. This included providing advisory expertise and managing the marketing, negotiation and due diligence phases of the transaction.
The terms of the transaction were not disclosed
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