UniversalCIS, a technology-enabled provider of credit data and related origination services in the mortgage industry, has merged with Credit Plus, a provider of mortgage verifications and business credit reports.
“Credit Plus and UniversalCIS are widely recognized in the mortgage industry for providing best-in-class service and support during every stage of the mortgage origination life cycle,” said Perry Steiner, chairman and CEO of the combined company. “This merger emphasizes our commitment to providing our clients with the best technology, service and solutions to meet all of their needs, and we look forward to working with the Credit Plus team as we continue to accomplish this mission.”
“We are extremely proud of all that Credit Plus has achieved and believe that UniversalCIS’ culture and values align well with our company. Better together, we share a common vision for transforming verifications and insights to better serve all lenders and their borrowers. This transaction accelerates our shared focus of becoming the leading market provider,” said Greg Holmes, chief revenue officer of the combined company. “We look forward to continuing to provide excellent customer service and prioritizing our ability to deliver innovative solutions alongside the UniversalCIS team.”
“UniversalCIS has demonstrated its unique and impressive ability to scale and execute against its growth objectives,” said Jason Barg, partner at Lovell Minnick. “This merger with Credit Plus, another impactful player in the mortgage industry, positions the combined company for continued growth and success, and we look forward to continuing our partnership with Perry, Greg, Jerry and the senior management team.”