Metavante Acquires GHRSystems

Published July 01, 2005, 1:00 a.m. EDT

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Updated August 27, 2020, 2:28 a.m. EDT

1 Min Read

MILWAUKEE, Wis. - (07/01/05) Metavante Corp. has acquired GHRSystems, Inc., of Wayne, Pa. Metavante is acquiring the companyfrom GHRs three founders and other investors. GHR Systems isa provider of loan origination solutions for the residentialmortgage and consumer finance industries, offering point of saleproducts for any channel together with underwriting, processing andclosing technology. The $65-million acquisition, of whichapproximately $55 million will be funded using Marshall &Ilsley Corporation common stock, is expected to close in the thirdquarter.

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