Del Mar Database
Del Mar Database developed web based mortgage lending automation solutions for mortgage brokers in the United States, which improve efficiencies and increase profitability and pipeline capacity. RA Capital was engaged by the board of Del Mar Database to run a sales process for the company.
RA Capital contacted several potential bidders, generating interest from multiple parties. Fiserv (Nasdaq: FISV), a leading provider of financial services technology worldwide, emerged as the leading suitor for Del Mar Database.
- Industry: Internet Software and Solutions
- Deal Type: M&A – Sell-side
- Location: San Diego, CA