PE agency buys mortgage tech firm previously often known as Voxtur

A New York-based personal fairness agency is buying Apex Analytics, previously Voxtur Analytics, after a tumultuous previous few years.

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Hale Capital Administration, which has a give attention to investing in expertise and technology-enabled firms at key moments of transformation, purchased Voxtur’s current senior secured indebtedness from Financial institution of Montreal in September, an obligation the corporate had been working to pay back for years. Hale Capital now owns the corporate down proper.

The monetary particulars of the acquisition weren’t disclosed.

“Apex Analytics has precisely the profile we search: a robust crew supporting mission-critical merchandise in a big and underserved market with a deeply loyal buyer base,” Hale Capital CEO Martin Hale stated in a press launch Friday. “We noticed a chance to work with the prevailing administration crew to behave decisively, recapitalize the enterprise and relaunch the corporate on a sound footing. We look ahead to working with the Apex Analytics crew to unlock the numerous development potential we see on this enterprise.”

Voxtur, a Toronto-based mortgage expertise firm that operated in the US and Canada, had not launched its earnings outcomes because the first quarter of 2025, when it posted a internet lack of $5.5 million. Within the fourth quarter of 2024, Voxtur recorded a lack of $46.2 million. 

It delayed future filings as the corporate awaited info required to finish monetary statements, Voxtur stated in a press launch.

Hale Capital offers cash to its portfolio firms, in addition to a community of working executives and hands-on help via monetary and operational transformation. As a part of this funding, Hale Capital welcomed Rob Cain because the chief restructuring officer of Apex to help the prevailing administration crew.

“My focus now could be on creating our crew as we speed up natural development in our core enterprise items leveraging Hale Capital’s experience and partnerships,” Cain stated within the press launch.

Voxtur named Ryan Marshall, former founder and CEO of Benutech, as its CEO in August 2024 after the corporate introduced it will promote a majority stake it held in Blue Water Monetary Applied sciences and fended off a challenge to its board from a gaggle of buyers. Marshall will keep on as CEO of Apex, in keeping with his LinkedIn profile.

Voxtur’s plan to promote a majority stake in Blue Water was centered round strengthening its stability sheet by eradicating company debt, the corporate stated in an announcement on the time. However Voxtur cancelled the deal just a few months later with a purpose to present readability to the markets relating to its belongings throughout a evaluate of its strategic choices, Chief Funding Officer Jordan Ross stated on the time.

Hale Capital’s buy of Voxtur’s indebtedness in September offered the inspiration for the restructuring and acquisition. The corporate has since rebranded to Apex and can function independently underneath Hale Capital’s possession, in keeping with the discharge.