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Cardlytics works with financialinstitutions to manage their reward programs. However, profitability tanked for Cardlytics following a trio of acquisitions in 2021 and early 2022. The market is reacting to news regarding one of these acquisitions today: Bridg. Are things looking up for Cardlytics?
Additionally, the acquisitions of Rushmore Servicing and Roosevelt Management added another 32 billion and brought us best-in-class special servicing capabilities in the infrastructure to launch our first MSR fund. The WMIH merger brought us 1 billion in deferred tax assets. At the time, there was skepticism about their value.
Throughout 2023, we added new heads and co-heads of equity capital markets, global mergers and acquisitions, financialinstitutions, financial sponsors, healthcare, and technology, media, and telecom.
Excluding the impact of Engineering Solutions in all periods, but including approximately $10 million from this year's tuck-in acquisitions, revenue growth would have been 7%. Given you have lots of data on corporate debt at the point of issuance and you now own an incumbent brand in the space post the IHS acquisition.
As we close out the fourth quarter and reflect on another successful year, our most significant milestone was our merger with Cambridge Trust. We are now six months past the merger of Eastern and Cambridge, and we remain focused on continuing to capitalize on synergies, growth opportunities, and overall financial performance.
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