Black Knight acquires digital document firm

by Duffie Osental31 Aug 2020

Black Knight has announced the acquisition of digital document firm DocVerify.

In a statement, Black Knight said that that the acquisition will accelerate its goal of “digitizing the entirety of the real estate and mortgage continuum,” since DocVerify’s digital document verification capabilities are already integrated with its own digital closing platform.

Read more: Black Knight to acquire Optimal Blue for $1.8b

“Black Knight and DocVerify are an exceptional strategic fit, given how our solutions and platforms complement one another,” said Anthony Jabbour, CEO of Black Knight. “Digital documents are becoming the norm for conducting business in virtually all industries. Black Knight and DocVerify share a commitment to helping our clients move closer to a secure paperless environment through the digitization of the document validation process and a highly secure eNotary solution that our mortgage and real estate clients can leverage to offer a 100% digital closing. We look forward to welcoming the DocVerify team to Black Knight.”

“Both Black Knight and DocVerify are focused on developing innovative technologies that are versatile, easy-to-use and provide optimal security for our clients,” said Darcy Mayer, founder and CEO of DocVerify. “By combining the considerable strengths of Black Knight and DocVerify, this acquisition will benefit clients of both companies, as well as the industries we serve.”