Ellie Mae to acquire AllRegs for $30 million

BREAKING NEWS: Ellie Mae To Acquire AllRegs August 7, 2014 / in Market Analysis / by Tony Garritano In a move to bolster its content and services offering, Ellie Mae has signed a definitive agreement to acquire AllRegs, an information provider for the mortgage industry.

Top Company Interviews. The transaction is expected to close within 90 days and is subject to customary closing conditions. Under the terms of the agreement, Ellie Mae will acquire AllRegs for $30.0 million in cash, subject to certain purchase price adjustments, including for working capital. Due to the anticipated timing of closing,