HML, which services an Irish residential mortgage book worth €2.8bn, has been acquired by Australian firm Computershare.
Financial services firm HML manages accounts on behalf of a number of lenders in Ireland, including Permanent TSB and Start Mortgages, dealing with over 10,000 accounts in the country.
It also manages mortgage accounts in Britain and has offices in Yorkshire, Glasgow and Derry.
Computershare, which has offices in Dublin and Monaghan, said it acquired HML in order to extend its mortgage servicing business in the British market.
The two companies employ more than 420 people between them on the island of Ireland and Computershare said it would invest in the business in order to provide it with additional scale and capital.
The Start Mortgage loan book was recently sold by Investec to US private equity firm LoneStar.
HML has also counted Springboard Mortgages amongst its Irish clients, which last month was sold by Permanent TSB to Mars Capital Ireland.
