Acquisition to further power our industry-leading mortgage technology and support the company’s continued growth
The recent news of OpenClose’s acquisition by MeridianLinkⓇ was welcomed with excitement by our valued employees and trusted partners. Additionally, our customers and prospects immediately understood the value of this acquisition. Soon, OpenClose will enable customers to leverage MeridianLink resources to make faster and more thorough technology and team advancements.
Now, with the power and size of MeridianLink, OpenClose can exceed its prior growth trajectory (despite the challenging market) and grow our industry-leading technology, customer support, and implementation, while ensuring offering that:
- No customer will be required to switch to the other platform.
- Prospects can still choose the best solution for them as OpenClose and MeridianLink will continue to be independently available.
- The OpenClose point-of-sale (POS) system, Consumer Assist™ and MeridianLink PriceMyLoan™ product and pricing engine (PPE), will be available to all customers regardless of the selected solution.
- Contracted or in-progress OpenClose implementation and onboarding activities will continue as scheduled.
- Existing customer business operations will be uninterrupted.
Former OpenClose President and New Senior Vice President of Mortgage at MeridianLink, JP Kelly, Recognizes the Importance of Delivering Best-in-Class Technology to More Customers Than Ever
“Since our founding, customers have validated our company’s capabilities by choosing our SaaS solutions time and time again. Now, after record growth over the last several years, we’re excited to reach more customers faster while still providing the best-in-class technology, team, and customer service to which our customers have become accustomed,” said JP Kelly.
MeridianLink CEO, Nicolaas Vlok, added, “This acquisition ensures that all customers can be confident that they have a comprehensive, premier mortgage solution in whichever offering they choose and that we will continue to invest in both offerings as we evolve the products to incorporate the best capabilities of each.”
To learn more about OpenClose and the award-winning, industry-leading mortgage technology solution suite that we offer, please visit www.OpenClose.com.