Sun Capital acquires mortgage software maker LoanLogics

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Sun Capital Partners Inc. acquired LoanLogics Inc., a mortgage automation software company, the second step of a private equity firm into the tech sector with a new strategy and a first financial technology deal.

While Sun has been placing lucrative bets on technology companies for years, its interest grew sharper last year when the company formalized its investment strategy and acquired software maker Exadel Inc. in March. Both Exadel and LoanLogics have benefited from accelerated digital business development …

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