Lovell Minnick Partners, a private equity firm specializing in financial and related business services companies, has acquired ATTOM Data Solutions, a provider of data and research to the housing and mortgage industries, for an undisclosed sum.
Lovell Minnick acquired ATTOM from Renovo Capital and Rosewood Private Investments.
Headquartered in Irvine, Calif., ATTOM manages a comprehensive data platform that draws upon a wide range of sources to provide property tax, deed, mortgage, foreclosure, environmental risk, natural hazard and neighborhood data for more than 155 million U.S. residential and commercial properties covering 99% of the nation’s population.
ATTOM licenses its data to companies in the real estate, mortgage, insurance, marketing and adjacent industries.
“ATTOM’s data provides mission-critical insights to enterprise clients who seek to make well-informed business decisions with the benefit of historic, rich and near real-time data,” says Jason Barg, partner, Lovell Minnick Partners, in a statement. “We’re excited to partner with CEO Rob Barber and his team who have an excellent reputation for leadership and innovation in the real estate data and information services market.”
Lovell Minnick Partners has invested in other technology-enabled service providers in the financial services sector, such as Engage People Inc., a software solutions provider for the global loyalty and incentive industry, and more recently, SRS Acquiom, a market-leading provider of technology-enabled solutions to facilitate private market M&A transactions.