Sagent Purchases Mr. Cooper IP to Create Cloud-Native Mortgage Servicing Platform
March 31, 2022
Sagent M&C (d/b/a Sagent Lending Technologies) purchased certain intellectual property rights related to Mr. Cooper's cloud-based mortgage servicing platform. As part of the agreement, Mr. Cooper received an equity stake in Sagent, appointed two directors to Sagent's board, and will be a multi-year customer as the parties build a cloud-native servicing platform.
- Buyers
- Sagent M&C, LLC (d/b/a Sagent Lending Technologies)
- Targets
- Certain intellectual property rights related to Mr. Cooper Group Inc.'s proprietary cloud-based mortgage servicing platform
- Sellers
- Mr. Cooper Group Inc.
- Industry
- Cloud & SaaS
- Location
- Texas, United States
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
Mr. Cooper Acquires Flagstar Bank's Mortgage Operations
November 1, 2024
Financial Services
Mr. Cooper Group Inc. has closed its previously announced acquisition of Flagstar Bank N.A.'s mortgage operations, acquiring MSRs, advances, subservicing contracts, and Flagstar's third-party origination platform for approximately $1.3 billion in cash. The deal expands Mr. Cooper's servicing and origination capabilities and transfers Flagstar's mortgage customers and team members to Mr. Cooper, with full operational integration expected in early 2025.
-
A&D Mortgage Acquires Wholesale and Non-Delegated Correspondent Mortgage Business from Mr. Cooper Group
April 1, 2025
Financial Services
A&D Mortgage has completed the acquisition of the wholesale and non-delegated correspondent mortgage origination business from Mr. Cooper Group. The deal expands A&D Mortgage's presence in Agency and Government lending, strengthens its Non-QM capabilities, and brings an expanded broker network and team of mortgage professionals into A&D.
-
Rocket Companies Acquires Mr. Cooper Group in $9.4 Billion All-Stock Transaction
March 31, 2025
Financial Services
Rocket Companies (NYSE: RKT) announced a definitive agreement to acquire Mr. Cooper Group Inc. in an all-stock deal valued at $9.4 billion in equity value (based on an 11.0x exchange ratio). The combined company is expected to service a combined mortgage portfolio of more than $2.1 trillion across nearly 10 million clients and generate substantial revenue and cost synergies.
-
PartnerOne to Acquire Mortgage Cadence From Accenture
October 29, 2025
Cloud & SaaS
PartnerOne, an enterprise software group, has announced an agreement to acquire Mortgage Cadence, a provider of cloud-based digital lending platforms for banks, credit unions, and independent mortgage lenders, in partnership with Accenture. The deal is intended to place Mortgage Cadence into PartnerOne’s portfolio as a standalone business and provide resources to scale product development, automation, and AI-driven insights across the mortgage lifecycle.
-
Mr. Cooper Group Acquires Home Point Capital
July 31, 2023
Financial Services
Mr. Cooper Group Inc. completed a tender-offer acquisition of Home Point Capital Inc., acquiring approximately 98.5% of outstanding shares and merging Home Point into a Mr. Cooper subsidiary to make it a wholly owned subsidiary. The deal (previously announced at ~$324 million) increases Mr. Cooper's scale in mortgage origination and servicing and includes the assumption of $500 million in bonds while not materially impacting liquidity.
-
CM Group Acquires Selligent Marketing Cloud
October 2, 2020
Marketing & Advertising
CM Group, the Insight Partners–backed family of martech brands, has acquired Selligent Marketing Cloud from HGGC. The acquisition—carried out by CM Group entity Campaign Monitor Europe UK Ltd—adds Selligent’s omnichannel marketing and AI capabilities and strengthens CM Group’s enterprise focus and European coverage.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.