58.9 F
Laguna Hills
Monday, May 25, 2026

CoreLogic to Pay $475M for Appraisal Tech Co.

CoreLogic Inc. will buy FNC Inc. for $475 million.

CoreLogic is in Irvine and provides property information and analytics.

FNC Inc. has an office in Costa Mesa and is based in Oxford, Miss. It makes software and products to automate ordering and tracking property appraisals for lenders.

CoreLogic on Sept. 30 closed on its acquisition of Plano, Texas-based LandSafe Appraisal Services from Bank of America for $122 million.

“We expect property valuation to be an area of significant future domestic and international growth,” CoreLogic Chief Executive Anand Nallathambi said.

The FNC transaction is scheduled to close early next year and add to CoreLogic’s 2016 earnings.

CoreLogic traded recently at a $3.2 billion market cap.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

  • Unlimited access to OCBJ.com
  • Daily OCBJ Updates delivered via email each weekday morning
  • Journal issues in both print and digital format
  • The annual Book of Lists: industry of Orange County's leading companies
  • Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

Featured Articles

Related Articles