JEGI LEONIS has advised Riverside Company on their sale of Baker Hill to Flexpoint Ford.

Baker Hill is a leading loan origination system (LOS) software provider helping financial institutions automate and manage the entire lending process enabling bankers to generate growth, reduce risk and improve productivity and profitability. Baker Hill currently provides its award-winning software to more than 400 loyal clients with a 12-year average tenure composed of regional banks and credit unions. The company’s SaaS-based suite of LOS software empowers financial institutions to drive enhanced decision-making and results through streamlined loan origination, portfolio risk management, relationship management and data & analytics.

Through the partnership, Flexpoint will support Baker Hill’s continued success and its expanding client base, building on the Company’s record revenue growth in 2022. The Company will gain access to Flexpoint’s resources, including an experienced team with extensive knowledge of financial technology, and capital to fund ongoing product innovation and acquisitions. Furthermore, Flexpoint’s experience investing in banks provides it with insight into the needs of this client segment, which will enhance the Company’s ability to innovate to serve the needs of its bank and credit union customers.