Lovell Minnick Partners announced that its portfolio company, Xactus, has completed the acquisition of Mortgage Credit Link, a web-based order fulfillment hub that streamlines credit and verification data ordering from application to closing. Following the transaction, Mortgage Credit Link will operate as XedaLink, an independent subsidiary of Xactus.
The acquisition is designed to strengthen Xactus’ technology capabilities and expand the company’s ability to serve lenders navigating an increasingly complex verification and compliance environment. Since receiving investment from Lovell Minnick Partners, Xactus has focused on enhancing its technology platform while preserving flexibility and choice for lenders.
As mortgage and financial services markets continue to evolve amid changing borrower profiles, regulatory requirements, and data considerations, lenders are increasingly seeking verification solutions that offer both consistency and flexibility. Through the addition of XedaLink, Xactus aims to broaden its portfolio of capabilities while maintaining an operating structure that allows the business to function independently and retain its market positioning.
XedaLink will continue serving its existing clients and partners while benefiting from Xactus’ scale, infrastructure, and investment resources. The company said this approach is intended to ensure continuity for customers, minimize disruption, and support long-term innovation.
The acquisition also supports Xactus’ broader strategy of creating a connected ecosystem of solutions that assist lenders throughout the loan lifecycle while allowing them flexibility in how they engage with verification and data providers. By combining scale with specialized offerings, Xactus intends to deliver adaptable and transparent solutions aligned with the needs of a changing lending environment.
Xactus was advised by J.P. Morgan, Kirkland & Ellis, and McDonald Hopkins.
KEY QUOTES:
“Lovell Minnick has been focused on supporting Xactus’ technology capabilities to deliver best-in-class solutions to the market. Xactus has proven to be a destination platform for customers, employees and businesses. This acquisition further strengthens the company’s position as a scaled, technology-enabled partner helping lenders navigate increasing complexity. We are thrilled to support Xactus as it continues expanding its platform with the addition of XedaLink.”
Jason Barg, Partner, Lovell Minnick Partners
“As the market continues to evolve, so must the way we support it. With XedaLink, we are building on that foundation to deliver greater access and impact across the ecosystem.”
Perry Steiner, Founder and CEO, Xactus
