CoreLogic to Acquire Symbility Solutions Inc.

Acquisitions

Summary

In addition to the obvious financial benefits and synergies, the combination of CoreLogic and Symbility should yield significant future growth opportunities through the introduction of new products, services and workflow tools which draw from a wide range of unmatched gold-standard data assets, platforms and analytical capabilities,” said Frank Martell, President and Chief Executive Officer of CoreLogic.The acquisition is expected to be accretive to 2019 financial results excluding one-time integration costs as well as reductions in acquired deferred revenue and other purchase accounting adjustments.The Companys combined data from public, contributory and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information.Factors that could cause the anticipated results to differ from those described in the forward-looking statements include the risks and uncertainties set forth in Part I, Item 1A of our most recent Annual Report on Form 10-K.These additional risks and uncertainties include but are not limited to: changes in applicable government legislation, regulations and the level of regulatory scrutiny affecting our customers or us, including with respect to consumer financial services and the use of public records and consumer data; our technology and growth strategies and our ability to effectively and efficiently implement them; and our indebtedness and the restrictions in our various debt agreements.

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industries
Fintech & Banking
applications
Business Intelligence

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CoreLogic
$500M to $1B