GTCR will work with Scott Happ, Sue Baker and Optimal Blue's existing management team to expand the Company's strong network offerings and further invest in its technology. Mr. Happ, Founder and former CEO of Mortgagebot, has joined the Company as Chief Executive Officer. Ms. Baker, a former Senior Vice President at Mortgagebot, also joined as Vice President of Product.
Stephens Inc. served as financial advisor to GTCR. Optimal Blue was advised by FT Partners.
Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications and Growth Business Services industries. The Chicago-based firm pioneered The Leaders Strategy™ - finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $12 billion in over 200 companies. For more information, please visit www.gtcr.com.
About Optimal Blue
Optimal Blue is the premier cloud-based provider of managed-content, enterprise lending services including product eligibility and pricing (PPE), secondary marketing, consumer engagement, data and analytics, and compliance services. Based in Plano, Texas, Optimal Blue has developed an enterprise class suite of products and services designed to automate a lender's complex processes, improving efficiency and profitability while gaining a competitive advantage. With a 99.999% accuracy rate, Optimal Blue technology connects hundreds of investors with more than 1,500 clients and currently helps process nearly 1 of every 4 mortgage loans originated nationally.
Contact: Kellie Kennedy, 312-933-4903, email@example.com
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