Business Acquisition
DENVER (2016) – Class VI Partners (formerly CapitalValue Advisors (“CVA”)) is pleased to announce the acquisition of Motivity Solutions, Inc. (“Motivity” or the “Company”) by Black Knight Financial Services, Inc. (NYSE: BKFS) (“Black Knight”). Class VI Partners served as the exclusive financial advisor to Motivity.
“We have been very fortunate to have known and advised the Motivity team for several years,” said Chris Younger, Managing Director of Class VI Partners. “We are confident that Black Knight will be a great home for the entire Motivity team.”
The Business Story
Founded in 2006, Motivity (https://motivitysolutions.com) is a leading provider of business intelligence analytics, reporting and peer benchmarking in the mortgage banking industry. Motivity’s mortgage business intelligence delivers real-time, powerful analytics enabling mortgage lenders to proactively monitor and manage operations across their enterprise.
In 2012, Motivity was ranked number 210 on Inc. Magazine’s Inc. 500 list of the fastest-growing companies in the United States and has consistently been named to Mortgage Technology Magazine’s list of the mortgage industry’s top 50 service providers.
Motivity’s offerings will be integrated with Black Knight’s LoanSphere product suite, including the LoanSphere Data Hub, to provide clients with insights into their origination and servicing operations and portfolios. These integrated business intelligence solutions will deliver actionable information to help improve compliance, sales and operations, as well as provide executive management insights.
“Acquiring the capabilities of Motivity Solutions will accelerate Black Knight’s delivery of our Active Insight platform and Data Hub initiative. For our clients, these new capabilities will offer unique views into the types of information they need to drive peak performance and more effectively assist our customers in managing their regulatory risk,” said Black Knight President and CEO Tom Sanzone.
“This acquisition of Motivity further demonstrates our drive to accelerate our growth and deliver the additional capabilities our customers want.”
“Through Class VI, my brother and I were able to identify a great partner in Black Knight that fit what we were trying to accomplish with regard to the acquisition of our company,” stated Tyler Sherman, CEO and Co-Founder of Motivity.
As a part of its involvement with Todd, Tyler and Motivity, Class VI Partners is proud to support The Sherman Entrepreneurship Foundation (https://toddsherman.org), created in honor of Todd Sherman to support our next generation of entrepreneurs.
“It is only through the willingness of entrepreneurs like Todd and Tyler to invest their time, money and energy that we have growing companies that greatly benefit our community in so many different ways. The Sherman Entrepreneurship Foundation is committed to fostering entrepreneurship, and we are delighted to give it our full support,” said Chris Younger.
The transaction was closed on June 22, 2016. Perkins Coie in Denver served as Motivity’s legal counsel.
About Class VI Partners
Class VI provides middle-market investment banking services, including mergers and acquisitions advisory, corporate advisory, business valuation, and private capital raising services through its affiliate, Class VI Securities, LLC and Member FINRA. Class VI is also affiliated with and offers wealth management services through Class VI Family Office, LLC, a Registered Investment Advisor with the Securities & Exchange Commission.
Tyler Sherman, Co-Founder and CEO of Motivity, is a client of Class VI Partners and is not being compensated for sharing their opinion and experience with the firm. Any compensation creates a conflict of interest. Comments by Tyler Sherman may not be representative of any other person’s experience with the firm and are no guarantee of future performance or success.
Additional Disclosures
Investment advisory services offered through Class VI Partners’ affiliate Class VI Family Office, LLC, a Registered Investment Adviser with the U.S Securities and Exchange Commission. Class VI Partners offers investment banking and private securities transactions through its affiliate, Class VI Securities, LLC. Class VI Securities, LLC is a registered broker/dealer and member of the Financial Industry Regulatory Authority (FINRA). Class VI Pathfinder, LLC provides general business consulting to privately held businesses. Collectively these entities are referred to herein as “Class VI”.
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