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Source: Twenty7Tec
Twenty7Tec, the market-leading mortgage technology provider has confirmed that it is in merger discussions with Bluecoat.
James Tucker, CEO of Twenty7Tec commented: “I’m pleased to confirm that Twenty7Tec have been in talks with Bluecoat Software with regards bringing the two businesses together. We believe that this combination will be a significant development for both the mortgage and wealth advice software markets. Talks are ongoing and we will make a further announcement shortly”.
Background to the talks
● Talks are ongoing
● The potential deal would bring together two of the UK’s most innovative adviser tech providers in the mortgage and wealth industries
● It is hoped that the deal would close over coming weeks
● The deal would act as a catalyst for future growth of the combined company
● More details will be released as and when the deal has been finalised
Financial Services
