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Wolters Kluwer to acquire eOriginal in $280M deal for provider of digital lending software [St Cloud Times, Minn ]

FAIRFIELD-SUISUN, CALIFORNIA Wolters Kluwer to acquire eOriginal in $280M deal for provider of digital lending software [St. Cloud Times, Minn.] Dec. 10 ST. CLOUD Wolters Kluwer Governance, Risk and Compliance has signed an agreement to acquire a provider of cloud-based digital lending software. Wolters Kluwer, which employed 491 people in St. Cloud as of April 2020, according to the city, will aquire eOriginal for approximately $279.9 million in cash. The deal was announced Thursday and is expected to close by the end of the year. “The acquisition positions us as the leading provider of digital lending solutions, spanning all workflows, from loan approval to document preparation and closing, with compliance certainty,” said Steven Meirink, executive vice president and general manager, Compliance Solutions Wolters Kluwer GRC.

Margaret Camp | Twin Cities Business

Categories Description Margaret Camp is responsible for operational strategy and strategic leadership at Wolters Kluwer Compliance Solutions, a division of the Netherlands-based Wolters Kluwer, a $300 million risk and regulatory compliance business with 1,150 employees globally. This year, Camp and her team were integral in providing mission-critical support on several major enterprise initiatives amid huge Covid-related disruptions in the marketplace, freeing up BU resources to focus on developing the customized software TSoftPlus, which enabled Wolters Kluwer to scale a 4,000 percent jump in the number of PPP loans its lender clients processed. Search in this list

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