Aquiline Capital Partners LLC, a New York-based private equity firm investing in financial services, signed a definitive agreement to become the majority investor in LenderLive Network Inc., a Denver-based, end-to-end mortgage services provider.
Founded in 1999, LenderLive serves more than 300 financial institutions, including a number of the world’s largest commercial/investment banks and top-tier mortgage lenders. The company’s suite of offerings includes mortgage origination, subservicing, document solutions, due diligence and title and closing services.
“Aquiline has financial services operating experience and a reputation for building value within their portfolio companies,” LenderLive CEO Rick Sheehausen said. “Aquiline will provide the strategic guidance and resources to accelerate our growth and support the continued development of the technology and solutions that provide our clients with competitive and compliance advantages in the market.”
“Increased market complexity and heightened regulation are driving demand for compliant, cost-effective residential mortgage solutions,” Aquiline CEO Jeff Greensberg said. “We are excited to be partnering with Rick and his team to support LenderLive’s core business and strategic growth initiatives in the mortgage services industry.”