Ellie Mae to buy PE-backed Capsilon

Ellie Mae has agreed to acquire Capsilon, a provider of AI-powered mortgage automation software for mortgage lenders, investors and servicers. No financial terms were disclosed. Jefferies was financial adviser to Capsilon on the deal with Kirkland & Ellis LLP providing legal counsel. And, Sidley Austin LLP provided legal advice to Ellie Mae. Capsilon is a portfolio company of Francisco Partners.

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