FCT completes majority investment in Fintracker to modernize identity verification in Canadian real estate
Jan 28, 2025•11 months ago
Acquiring Company
FCT
Acquired Company
Fintracker
Description
FCT, Canada’s leading provider of title insurance and real estate technology, has announced a majority investment in Fintracker Inc., a leading identity verification provider for real estate transactions in Canada. This strategic partnership aims to deliver greater efficiency, enhanced security, and consistent compliance to the Canadian real estate market by creating a connected identity ecosystem that accelerates the home-buying process, while enhancing data security and compliance.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed