Evaluate has captured the sourcing business amidst a raft of market interest. The combined organisation will continue to focus its extensive collective experience on providing mortgage sourcing/comparison services to the intermediary market.
The combined organisation will comprise of 46 staff with a total of over 200 clients and firmly positions Evaluate Technologies as a force to be reckoned with in the online mortgage sourcing market.
Paul Fradgley, CEO at Evaluate Technologies, said: “We are delighted to have been able to complete the purchase of mortgageLinked which includes a fantastic team brimming with expertise and knowledge. Over the last six months, we have spoken to a significant number of their accounts who all eulogised about the proposition and the service they received. They are a natural fit with the existing team at Evaluate and together we make for a formidable proposition.”
Mark Higgins, IT Director at mortgageLinked, added: “As you’d expect, after 15 years experience in this market, there was a great deal of interest in the business, however, once we’d talked to the Evaluate team, we knew that it was the ideal partner for us. Evaluate is totally committed to becoming the dominant player in this market and has the talent and backing to make it happen. I can speak on behalf of the whole team by saying that we are greatly looking forward to working together in order to fulfil this desire and commitment.”