Lovell Minnick Portfolio Company Xactus Acquires Mortgage Credit Link

PHILADELPHIA & NEW YORK--(BUSINESS WIRE)--Lovell Minnick Partners (“Lovell Minnick”), a private equity firm focused on investments in financial services, business services, and related technology companies, today announced that its portfolio company, Xactus®, completed the acquisition of Mortgage Credit Link™ (MCL), a web-based order fulfillment hub that streamlines credit and verification data ordering from application to closing. This strategic addition will operate as XedaLink™, an independent subsidiary of Xactus. Since Lovell Minnick’s investment, Xactus has focused on expanding its technology capabilities while preserving flexibility and choice for lenders navigating an evolving verifications landscape.

As the mortgage and financial services industries continue to adapt to changing borrower profiles, regulatory dynamics, and data considerations, lenders are increasingly seeking solutions that provide both consistency and optionality in how they assess and verify consumer information.

By adding XedaLink to its portfolio, Xactus is strengthening its ability to support a broad range of client needs while maintaining a structure that enables independent operation and distinct market positioning.

“Lovell Minnick has been focused on supporting Xactus’ technology capabilities to deliver best-in-class solutions to the market,” said Jason Barg, Partner at Lovell Minnick. “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.”

XedaLink will continue to operate within its existing framework, serving its clients and partners while benefiting from the scale, infrastructure, and investment of Xactus. This approach is designed to maintain continuity, minimize disruption, and support long-term innovation.

“As the market continues to evolve, so must the way we support it,” said Perry Steiner, Founder and CEO of Xactus. “With XedaLink, we are building on that foundation to deliver greater access and impact across the ecosystem.”

The acquisition aligns with Xactus’ broader strategy of building a connected ecosystem of capabilities that support lenders across the lifecycle of a loan without limiting how they choose to engage with the market.

By combining scale with specialization, Xactus aims to enhance its ability to deliver solutions that are adaptable, transparent, and aligned with the needs of a dynamic lending environment.

Xactus was advised by J.P. Morgan, Kirkland & Ellis and McDonald Hopkins.

About Mortgage Credit Link, now operating as XedaLink

Mortgage Credit Link™ (MCL) now XedaLink, is a web-based order fulfillment hub that streamlines credit and verification data ordering from application to closing.

About Xactus

Xactus is a leading verification innovator advancing intelligent verification across financial services. Through its proprietary Intelligent Verification Platform, Xactus360, the company delivers advanced data and technology solutions that help organizations make better decisions faster while increasing efficiency and reducing operational waste. With a focus on automation, accuracy, and innovation, Xactus continues to modernize verification and improve outcomes across complex decisioning environments.