Optimal Blue – a Plano company whose software helps process 1 in 4 mortgages nationwide will be acquired by Chicago-based private equity firm GTCR, according to a news release.
Optimal provides cloud-based software to mortgage service companies and was founded by Larry Huff and Ivan Darius. They will remain as consultants to Optimal Blue.
Scott Happ, CEO of Mortgagebot, a point-of-sale system vendor, will be the new CEO.
According to a story in National Mortgage News, Happ founded Mortgagebot in 1997 and led it until it sold to DH Corp, a Canadian company, for $232 million in 2001.
Collin Image Blog Editorial Team
Latest posts by Editor (see all)
- City of Plano to distribute water through contactless site - February 19, 2021
- North Texas Food Bank To Host Emergency Mobile Pantry Distributions on Feb 20 (Saturday), To Support Community After Winter Storms - February 19, 2021
- City of Princeton issues Boil Water Notice - February 16, 2021
