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Dominion Lending Centres acquires Filogix for $58.5M

PRIVATEAug 05, 20265 days ago

Acquiring Company

Dominion Lending Centres

Acquired Company

Filogix

Port CoquitlamOntarioReal EstateFinancial ServicesReal EstateFintechLending

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.

Company Information

Company

Dominion Lending Centres

Location

Port Coquitlam, British Columbia, Canada

About

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. and Newton Connectivity Systems Inc., and has operations across Canada. The DLC Group’s extensive network includes ~7,500 agents and 515 locations. Headquartered in British Columbia, the DLC Group was founded in 2006 by Gary Mauris and Chris Kayat. Contact information for the Corporation is as follows: James BellCo-President403-560-0821jbell@dlcg.caRobin BurpeeCo-Chief Financial Officer403-455-9670rburpee@dlcg.caAmar LeekhaSr. Vice-President, Capital Markets403-455-6671aleekha@dlcg.ca

Predictive Intelligence
Strategic

ML-powered predictions for Dominion Lending Centres's next move

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M&A Insights

Based on deal data
Integration 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

Frequently 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.

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