LC Financial Acquires BCM Global, Strengthening Tech-Driven Credit Role
LC Financial Holdings (LCFH) has successfully completed the acquisition of BCM Global (BCM), solidifying its position as a technology-driven credit specialist in Europe. LCFH, consisting of LCM Partners, the Link Financial Group, and LDMS, integrates BCM as its fourth pillar, emphasizing innovation and excellence in serving originator clients and investors.
BCM, a
European leader in mortgage, real estate, and commercial loan servicing,
operates in Ireland, the UK, Italy, and the Netherlands. This acquisition
enhances BCM's business lines, backed by LCFH's support, and expands its
services across Europe.
The combined
LCFH Group and BCM will manage assets exceeding €100 billion, serving nearly 7
million customers, 110 financial institutions across ten jurisdictions, with
nearly 2,000 professionals. This strategic collaboration aims to bring an
extended product portfolio, operational efficiencies, and improved client
service.
Antoinette
Dunne, CEO of BCM, anticipates growth and innovation, emphasizing technological
advancements and support for expansion. LCFH's CEO, Paul Burdell, believes this
partnership will benefit both customers and organizations, marking a new era of
growth and improved experiences for clients.
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