Intercontinental Exchange acquired Mortgage Electronic Registration Systems (MERS), a transaction announced in 2016.
Acquired a majority stake in MERSCORP Holdings (operator of the U.S. national mortgage-of-record registry MERS) in 2016 and purchased the remaining ownership in 2018, forming a cornerstone of ICE's mortgage technology network. Transaction values were not disclosed.
Acquired a majority stake in MERSCORP Holdings (operator of the U.S. national mortgage-of-record registry MERS) in 2016 and purchased the remaining ownership in 2018, forming a cornerstone of ICE's mortgage technology network. Transaction values were not disclosed.
Advisory firms were not disclosed for this transaction.