Word on the street is that John Walsh has left Dataquick. This just weeks after the acquisition by CoreLogic was finalized. From what I hear, this is not the way CoreLogic wanted it to go down. Typically these transitions have C-level execs stay on for a couple of years to help with the transition.
In fact I recently received an email co-sent by John Walsh and Ben Graboske just a couple weeks ago stating…
“In the coming months we will reach out to you with integration updates and introduce other solutions available to you; including new products, expanded technology, enhanced business services and more. Please let us know if we can answer any questions about the acquisition. Together, we look forward to serving you for many years to come.”
“…many years to come” eh?
The deal was being scrutinized by many, and turned out to be a big win for RealtyTrac which gained national coverage and recently launched a file licensing business for sales deed mortgage and tax data along with the hiring of Brian Mushaney. Brian is a heavyweight in this industry. I had a chance to work with him for a short time on a consulting project. This deal immediately puts Realty Trac at the big boys table.
Developing….