Press release
PrivoCorp Acquires Peoples Processing, Inc.
Austin, TX - April 19, 2022 - PrivoCorp, a global leader offering mortgage origination, processing, title, and servicing solutions is happy to announce that they are acquiring Peoples Processing, Inc.PrivoCorp is strongly differentiated by its technology & innovation focus. The acquisition helps consolidate the presence of an established brand. For existing customers of Peoples Processing, this means a significantly enhanced value in terms of access to pool of talent, global standards, and proven processes.
With this acquisition, PrivoCorp is now able to offer significant value to its customers:
EMPOWER You by delivering diverse and disruptive products and solutions across the breadth of your business with capabilities in Mortgage, Banking, Title, and Tax.
ACCELERATE Your Growth with next-gen innovations in Risk & Compliance, Analytics, Digital Transformation, Mobility, and Intelligent Automation.
TRANSFORM Your Business with technology led Smart Solutions, industry insights, scalability, industry experience, cost savings, flexibility, and global capability.
Talking about the acquisition, Mridhul Prakash, Founder & President at PrivoCorp said, "To our customers, it will be business as usual. The acquisition will only mean improved efficiency, better quality, streamlined processes. With our focus on technology, customers can have access to more innovations."
He also added, "Sam Verma, who currently was the CEO at Peoples Processing will continue to be the CEO at PrivoCorp."
Talking about the acquisition, Sam Verma, CEO at Peoples Processing said, "This acquisition will only strengthen our existing relationship. We promise to be as nimble and agile as we've always been. Our commitment to you, our clients remains the highest priority."
She also added, "By combining forces, we are ensuring we can provide a significantly enhanced value to our clients in terms of our proven processes, accessible pool of talent, and leading global standards."
About PrivoCorp.
PrivoCorp offers support services in mortgage processing, servicing, and title insurance. We provide significant value in terms of reduced costs and improved turnaround time to banks, mortgage companies, large brokers, credit unions and title insurance companies.
For more information, visit us online at privocorp.com
MEDIA CONTACT:
mktg@privocorp.com
13492 Research Blvd #120 Austin, TX 78750
PrivoCorp, a global leader offering mortgage origination, processing, title, and servicing solutions is happy to announce that they are acquiring Peoples Processing, Inc.
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