Charlotte-based online lending company LendingTree Inc. (NASDAQ: TREE) announced Friday it will acquire Ovation Credit Services Inc., a credit-services provider based in Jacksonville, Fla. The $20.75 million transaction involves $12 million in cash and contingent consideration payments up to $8.75 million. It is expected to close by the end of this quarter. "Ovation Credit Services' experienced management team, strong credit bureau relationships and customized software platform will ultimately…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2018/05/11/lendingtree-to-acquire-florida-based-firm-in-20m.html?ana=RSS&s=article_search
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