Acquiring Company
Dominion Lending Centres
Acquired Company
Filogix
Description
Dominion Lending Centres has acquired Filogix for $58.5 million, bringing two major mortgage submission platforms under common ownership. Despite the acquisition, both platforms will continue to operate independently. DLC plans to enhance the Filogix platform, especially in artificial intelligence capabilities. The deal raises questions about its impact on competition in the mortgage technology market.
M&A Insights
Based on deal dataFrequently asked
Who acquired Filogix?
Filogix was acquired by Dominion Lending Centres, based in Port Coquitlam. The deal was reported on August 5, 2026. The DLC Group is Canada’s leading network of mortgage professionals. The DLC Group operates through Dominion Lending Centres and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc. Dominion Lending Centres is privately held and operates in Real Estate.
When did Dominion Lending Centres acquire Filogix?
Dominion Lending Centres's acquisition of Filogix was reported on August 5, 2026. Dominion Lending Centres has acquired Filogix for $58.5 million, bringing two major mortgage submission platforms under common ownership. Despite the acquisition, both platforms will continue to operate independently. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Filogix do?
Filogix is a prominent mortgage technology provider in Canada. It specializes in developing platforms for mortgage submissions and other related services. The company has been a significant player in the mortgage technology landscape for over three decades. It is privately held, operating in Financial Services, and is based in Ontario.