NCP invests in ARMCO
Summary
New Capital Partners has made an investment in Pompano Beach, Florida-based ARMCO, a provider of quality assurance software for the financial services industry. ARMCO provides a wide range of mortgage quality control (QC), compliance and transaction risk management technologies. Broad use of ACES by top banks, lenders and servicers in the country attests to the strength of the product and the ARMCO professional team. We are looking forward to working with the team to drive continued growth and innovation.” Avi Naider, CEO of ARMCO, said, “We are excited to begin our relationship with New Capital Partners. The team members at NCP are thought leaders and industry experts in banking technology, and we look forward to continuing to build a great company through this partnership.” Berkery Noyes served as exclusive financial advisor to ARMCO.
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