LoanClear to Acquire Brismo

LoanClear is a servicing company which was spun out of Dynamic Credit; now the company is acquiring Brismo, a provider of lending performance data; LoanClear plans to add Brismo’s loan performance measurement capabilities in order to service both originators and investors; combined the company will provide services on €60 billion of loans across the globe; Rupert Taylor, the current CEO of Brismo will become CEO at LoanClear; the company will be headquartered in Amsterdam and the transaction is expected to close in the third quarter. Altfi

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