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Lc Financial Acquires Bcm Global, Strengthening Tech-driven Credit Role
LC Financial Holdings (LCFH) has successfully completed the acquisition of BCM Global (BCM), solidifying its position as a technology-driven credit specialist in Europe. LCFH, consisting of LCM Partners, the Link Financial Group, and LDMS, integrates BCM as its fourth pillar, emphasizing innovation and excellence in serving originator clients and investors.
BCM, a European leader in mortgage, real estate, and commercial loan servicing, operates in Ireland, the UK, Italy, and the Netherlands. This acquisition enhances BCM's business lines, backed by LCFH's support, and expands its services across Europe.
The combined LCFH Group and BCM will manage assets exceeding €100 billion, serving nearly 7 million customers, 110 financial institutions across ten jurisdictions, with nearly 2,000 professionals. This strategic collaboration aims to bring an extended product portfolio, operational efficiencies, and improved client service.
Antoinette Dunne, CEO of BCM, anticipates growth and innovation, emphasizing technological advancements and support for expansion. LCFH's CEO, Paul Burdell, believes this partnership will benefit both customers and organizations, marking a new era of growth and improved experiences for clients.
More Information : https://www.techdogs.com/tech-news/pr-newswire/lc-financial-holdings-completes-acquisition-of-bcm-global-reinforcing-its-position-as-a-leading-technology-driven-credit-specialist
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