Mark-it, LoanX to Combine Offerings

Organization & Strategy

Mark-it Partners, a St. Albans, UK-based vendor of credit pricing data, is to buy Chicago-based loan data vendor LoanX in a bid to give its dealer customers and backers access to broader data.

The deal, for an undisclosed amount of cash and shares, also gives both parties access to each other’s geographic markets, where they had previously had little overlap. The new company will comprise 50 staff: 28 from Mark-it, two of whom are located in Toronto, with the rest in St. Albans; and 22 from L

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