Automated Financial Systems, a Leading Provider of Commercial Loan Servicing Technology to the Financial Services Industry, Acquired by OceanSound Partners
Automated Financial Systems, LLC (“AFS” or the “Company”), a leading provider of commercial loan servicing and loan lifecycle management technology to the financial services industry, today announced that it has been acquired by OceanSound Partners (“OceanSound”), a growth-oriented private equity firm investing in technology and technology-enabled services companies serving highly regulated end markets. The acquisition will enable AFS to accelerate product innovation, increase investment in sales and support resources, and deliver enhanced value to its commercial lending partners. Edward Jenkins has joined the Company as its Chief Executive Officer to lead these efforts.
