Providence Equity Partners has reached an agreement to acquire Hometrack, a property valuation service, signaling a strategic investment in the digitization of the mortgage lending process.

The buyout of Casey Wasserman's agency is moving forward, with Providence Equity Partners announcing an additional investment to facilitate the agency's acquisition of its founder.

Mogul Casey Wasserman is reportedly close to a buyout deal with existing backer Providence Equity Partners, which would conclude the auction process for 'The Team.'