The primary units that private equity group TPG Capital acquired from MacDonald, Dettwiler and Associates will be grouped together and operated under the brand name DataQuick.
The units formerly known as MDA Lending Solutions, MDA DataQuick and MDA MindBox will integrate into one entity, with former MDA DataQuick president John Walsh leading a concentrated management team as president of the new DataQuick.
“It’s actually something that customers and other people have noted should have happened for a long time,” Walsh said in an exclusive interview with Mortgage Technology.
Lending Solutions provides a variety of settlement services to the mortgage origination space, DataQuick is a property data and analytics provider, and MindBox is a decisioning engine software. The new company structure will allow DataQuick to provide customers with customized technology and nationwide services and data drawn from the three former units’ specialties.
Those products will also be enhanced with TPG’s other MDA acquisitions—insurance information and valuation provider Marshall & Swift/Boeckh and U.K.-based electronic property conveyance data provider SearchFlow.
