Aidium, Inc.
Classification
Private
About
About
Aidium is a technology company specializing in developing automation software solutions tailored for the mortgage lending industry. Their innovative products aim to streamline processes, increase efficiency, and improve overall productivity for mortgage professionals. Product/Service Line Breakdown: 1. Mortgage Origination Software: Aidium offers a comprehensive mortgage origination software solution designed to automate and simplify the loan application, approval, and closing processes. 2. Loan Servicing Platform: They provide a loan servicing platform that automates various tasks related to managing mortgage loans, including payment processing, escrow management, and customer communication. 3. Underwriting Automation Tools: Aidium develops underwriting automation tools powered by artificial intelligence to expedite the underwriting process, assess borrower risk, and ensure compliance with lending regulations. 4. Document Management System: They offer a document management system specifically tailored for mortgage lenders, enabling efficient organization, storage, and retrieval of loan documents. 5. Customer Relationship Management (CRM) Software: Aidium's CRM software for mortgage lenders helps manage client relationships, track leads, and streamline communication with borrowers and referral partners.
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
Keywords
Keywords
Classified
Private