Home / Featured / THL Completes Majority Acquisition of Ten-X Tagged with: mortgage Property real estate Technology Ten-X Thomas Lee Partners Share Save in Featured, News, Technology THL Completes Majority Acquisition of Ten-X Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Print This Post mortgage Property real estate Technology Ten-X Thomas Lee Partners 2017-10-09 rachelwilliams About Author: Rachel Williams Rachel Williams attended Texas Christian University (TCU), where she graduated with Magna Cum Laude with a dual Bachelor of Arts in English and History. Williams is a member of Phi Beta Kappa, widely recognized as the nation’s most prestigious honor society. Subsequent to graduating from TCU, Williams joined the Five Star Institute as an editorial intern, advancing to staff writer, associate editor and is currently the editor in chief and head of corporate communications. She has over a decade of editorial experience with a primary focus on the U.S. residential mortgage industry and financial markets. Williams resides in Dallas, Texas with her husband. She can be reached at [email protected] Governmental Measures Target Expanded Access to Affordable Housing 2 days ago October 9, 2017 1,434 Views Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Thomas H. Lee Partners, L.P. (THL), a private equity firm investing in middle market growth companies, announced that it has closed the acquisition of a majority interest in Ten-X, LLC (Ten-X), a leading online real estate marketplace. Members of Ten-X’s senior management team, Stone Point Capital, and CapitalG (formerly Google Capital), among others, will continue to hold minority positions in the Company.Founded in 2007 and headquartered in Irvine and Silicon Valley, California, Ten-X provides an online real estate marketplace that allows individuals and investors to buy and sell residential and commercial real estate properties using both desktop and mobile channels. Since its inception, Ten-X has enabled over $50 billion of residential and commercial property sales on its platform.According a release, the recapitalization will ensure Ten-X has the resources it needs to build on its proven platform, pursue additional monetization opportunities, and execute on its growth objectives. Ten-X will retain its corporate headquarters in Irvine and Silicon Valley, and will continue to be led by CEO Tim Morse along with other members of its senior management team.“This investment gives us the scale and resources to accelerate our growth and further expand our platform and product offerings,” said Morse. “With the support of THL as a partner going forward, we can fully execute on our vision, build on our position as a leader in the online real estate market, and continue to provide our customers innovative products and services.”“We are very excited to be partnering with Ten-X, a clear market leader in the real estate industry,” said Jim Carlisle, Managing Director at THL. “We are looking forward to working closely with Tim and the talented management team at Ten-X to further enhance its leadership position and maximize this incredible growth opportunity.” Is Rise in Forbearance Volume Cause for Concern? 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Ellie Mae Celebrates Velocify Acquisition Next: Cyprexx Expands InvisiBoard Offerings Subscribe
Course abolishes business boundaries at building firmOn 26 Mar 2002 in Personnel Today Previous Article Next Article Senior managers at John Mowlem are being given training to improve theiroverall understanding of the business after the construction firm diversifiedinto building services. The company branched out following several acquisitions last year. Thetraining course was set up to ensure managers understand both sides of thebusiness. Julie Wright, HR director at John Mowlem, believes the course will help thetwo sides of the company work together. She said: “The course has been really successful. It has encouragednetworking, helping to share and spread good practice across the whole groupand allowing individual departments benchmark against each other. The training is a mixture of classroom-based learning and project work inareas including business self-awareness, leadership, strategy making,delivering strategies through business plans and practical skills. In the final six months of the course managers take secondments into theopposite area of the business to get an understanding of how the whole companyoperates. Wright said that one of the programme’s objectives is to encouragecross-divisional movement at senior management level to create a real transferof knowledge between the different parts of the firm. About 20 managers are in their second year on the programme, and another 20are lined up to start the course next year. Comments are closed. Related posts:No related photos.
An Ohio woman found a unique way to call 911 to report that her mother was being abused.Tiffany Urban could not explicitly say what was happening because the alleged attacker nearby, so she pretended to order pizza.“I was thinking to myself that ‘I need to call 911, order pizza,” she told Inside Edition.Urban said she “was worried” that the dispatcher would not take her seriously, and at first, it didn’t seem like he did.The dispatcher told Urban that she had dialed the wrong number to order pizza.But she quickly responded with urgency, “No, no, no, no.”Urban told Inside Edition she was thinking, “don’t hang up on me” throughout the call.Thankfully, the dispatcher, Tim Teneyck, quickly caught on that Urban needed help.They completed the “order” before Teneyck alerted police of the special circumstance behind the call.He also told the police to turn off their sirens before getting to the home and that the caller ordered a pizza and agreed with everything he said, stressing “there’s domestic violence going on.”Police arrived at the scene and arrested 56-year-old Simon Lopez on a misdemeanor domestic violence charge after he allegedly punched the woman’s mother so hard that she fell into a wall.According to the police report, Lopez denied hitting the caller’s mother.As of Friday, he is being held at the Lucas County Corrections Center.