Like ApnaComplex

closed 2/13/2020 via BNC Analysis

NestAway Technologies Private Limited, acquired ApnaComplex

synopsis: Nestaway Technologies, an Indian managed home rental network, has acquired ApnaComplex, an apartment management and security solution in India. ApnaComplex's mobile and web-based platform provides solutions for billing & accounting, gate management, communication, and more.
buyer: NestAway Technologies Private Limited
NestAway is India's fastest growing "Home Rental Network"​ attempting to provide better rental solutions via design and technology. They help users find, book & move-in to a rental home of choice across Indian cities - all from within an app. "
target: ApnaComplex
ApnaComplex is an apartment management and security solution in India. Their mobile and web-based platform provides solutions for billing & accounting, gate management, communication, and more. ApnaComplex helps property owners to improve day-to-day operations and increase resident satisfaction.
price ($mm)
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closed 7/23/2019 via BusinessWire

Hello Alfred, acquired Bixby

synopsis: Hello Alfred, the leading residential experience company, announced it has acquired the building management technology platform, Bixby. Bixby is a cloud-based set of tools and services that enable property management teams around the world to provide tenants and residents with a more connected, efficient, and sustainable building experience.
buyer: Hello Alfred
Hello Alfred is the leading national residential experience company. Founded in 2014, Hello Alfred has developed a human-driven, home-operating system focused on changing the way people live in cities. "
target: Bixby
Bixby is a cloud-based set of tools and services that enable property management teams around the world to provide tenants and residents with a more connected, efficient, and sustainable building experience.
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closed 6/26/2019 via Company Press Release

WeWork, acquired Waltz

synopsis: WeWork, a global network offering space, community, and physical and virtual services to enable companies to grow together, has acquired Waltz, a mobile application that provides a secure, advance, and interactive building access system on the market.
buyer: WeWork
WeWork is a global network offering space, community, and physical and virtual services to enable companies to grow together. Their workspace design features private offices for beautiful, collaborative workspaces and provide infrastructure, services, events, and tech. "
target: Waltz
Waltz is a mobile application that provides a secure, advance, and interactive building access system on the market. Users are able to link multiple buildings together, generate ad revenue, consolidate credentials, and reserve building amenities.
price ($mm)
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closed 5/8/2019 via Company Press Release

PayLease LLC, acquired Zego Inc.

synopsis: PayLease, a leading PropTech provider for the property management and Homeowner Association (HOA) industry, has acquired Zego, a platform for creating modern, digitally engaged apartment communities. Zego integrates smart home devices with a single app that connects residents with management, maintenance and a marketplace for local services.
buyer parent: Vista Equity Partners
buyer: PayLease LLC
PayLease is the leading provider of online payments, billing, and utility expense management tools for HOAs and property management companies. PayLease enables property managers to improve their business’ operational efficiencies and boost net operating income. "
target: Zego Inc.
Zego is an all-in-one, fully-integrated platform for creating modern, digitally engaged apartment communities. Zego integrates smart home devices with a single app that connects residents with management, maintenance and a marketplace for local services.
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closed 4/25/2018 via BNC Analysis

YIT Oyj, acquired Udobnyje Reshenija

synopsis: YIT Oyj, the largest Finnish and significant North European construction company, has acquired Udobnyje Reshenija, a digital housing service. Udobnyje Reshenija works as a mid-point between property management, maintenance companies, and tenants.
buyer: YIT Oyj (HLSE:YIT:$2,871.08)
Headquartered in Finland, YIT Oyj is the largest Finnish and significant North European construction company. They develop and build apartments, business premises and entire areas. They are also specialised in demanding infrastructure construction and paving. "
target: Udobnyje Reshenija
Based in Russia, Udobnyje Reshenija is a digital housing service that operates the Dispatcher 24 platform, which works as a mid-point between property management, maintenance companies, and tenants. They have more than 46,000 property management and maintenance service contract customers in Russia.
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announced 1/23/2020 via BusinessWire

RealPage, Inc., will acquire Modern Message

synopsis: RealPage, Inc., a provider of software and data analytics to the real estate industry, will acquire Modern Message, the multifamily real estate industry’s leading resident engagement solution. Modern Message’s Community Rewards platform builds engagement through a fully mobile UI that is motivating, rewarding and interactive for property residents.
buyer: RealPage, Inc. (RP:$960.34)
RealPage provides a technology platform that enables real estate owners and managers to change how people experience and use rental space. Clients use the platform to gain transparency in asset performance, leverage data insights, and monetize space to create incremental yields. "
target: Modern Message
Modern Message is the leading resident engagement, loyalty, and rewards platform for the residential real estate industry. The company's flagship platform, Community Rewards, builds meaningful engagement through a fully mobile UI that is motivating, rewarding, and interactive for property residents.
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closed 3/31/2020 via Company Press Release

MRI Software LLC, acquired Orchard Information Systems Limited

synopsis: MRI Software has acquired Orchard Information Systems, a specialist provider of software solutions for the UK social housing sector. The acquisition adds to MRI’s offering for the UK residential market, as well as provides innovation and scale to extend the reach of Orchard’s solutions to better serve the growing social housing sector.
buyer parent: GI Partners
buyer: MRI Software LLC
MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI's comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses from property-level management to analytics. "
target: Orchard Information Systems Limited
Orchard Information Systems is a leading provider of social housing property management software solutions and services to UK housing organisations and councils. Orchard delivers People First Solutions for housing management, asset management, finance, analytics, and data services.
price ($mm)
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closed 2/12/2020 via BNC Analysis

NoBroker Technologies Solutions Pvt. Ltd., acquired SocietyConnect

synopsis: Real estate startup, NoBroker, has acquired Gurugram-based apartment management solution SocietyConnect. SocietyConnect™ is a comprehensive Cloud-based application, which offers intuitive and easy to use interface for the members of a society. It manages seamlessly all tasks related to facility management, accounting, and billing.
buyer: NoBroker Technologies Solutions Pvt. Ltd.
NoBroker is a new and disruptive force in the Real Estate Industry. They're a site that’s built to let users buy, sell, rent, find a flatmate without paying any brokerage. They're leading India’s real estate industry towards an era of doing real estate transactions in a convenient manner. "
target: SocietyConnect
SocietyConnect™ is a comprehensive Cloud-based application, which offers intuitive and easy to use interface for the members of a society. It manages seamlessly all tasks related to facility management, accounting, billing and connecting with neighbours.
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closed 12/18/2019 via BusinessWire

RealPage, Inc., acquired Buildium

synopsis: RealPage, Inc., a leading global provider of software and data analytics to the real estate industry, announced that it has closed its acquisition of Buildium, a leading SaaS real estate property management solution provider with approximately 2 million units under management in the SMB market segment.
buyer: RealPage, Inc. (RP:$960.34)
RealPage is a leading global provider of software and data analytics to the real estate industry. Clients use its platform to improve operating performance and increase capital returns. RealPage serves over 12,100 clients worldwide. "
target: Buildium
Buildium is the only existing property management solution that also helps real estate portfolio managers easily find new business from property owners and community associations seeking services.
price ($mm)
$580
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/24/2019 via Company Press Release

MRI Software LLC, acquired Engage Property Technology Limited

synopsis: MRI Software, a global leader in real estate software solutions, has acquired Engage Property Technology, a leading UK-based provider of self-service online portals used by property organizations of all sizes. Engage portals enable residential landlords and housing associations to deliver super-efficient customer service to their residents.
buyer parent: GI Partners
buyer: MRI Software LLC
MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI's comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses from property-level management to analytics. "
target: Engage Property Technology Limited
Engage Property Technology is a leading UK-based provider of self-service online portals used by property organizations of all sizes. Engage portals enable residential landlords and housing associations to deliver super-efficient customer service to their residents.
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closed 1/10/2019 via Company Press Release

Castleton Technology plc, acquired Deeplake Digital

synopsis: Castleton Technology Plc, a focused provider of Software, IT Solutions and Services has announced the acquisition of Deeplake Digital. Deeplake Digital is a market leader in Digital Customer Communication technology. Their solutions have a positive impact for Social Landlords, Local Authorities, Schools and other organizations.
buyer: Castleton Technology plc (AIM:CTP:$32.42)
Castleton Technology Plc is a focused provider of Software, IT Solutions and Services to the Social Housing, Commercial and wider Public Sectors. Their housing solution systems software will enable agile working, reduce cost, streamline processes and improve customer service. "
target: Deeplake Digital
Deeplake is the market leader in Digital Customer Communication technology, with extensive experience in Social and Private Landlords. They develop and market communications software that makes business processes more efficient and enhances customer service.
price ($mm)
$2.29
rev ($mm)
$1
EBITDA ($mm)
$0
EV / rev
2.3x
EV / EBITDA
6.0x
closed 12/24/2018 via BNC Analysis

Trimantium GrowthOps, purchased Tenant Portal Software from Xperior

synopsis: Trimantium GrowthOps, an entrepreneurial advisory and operations partner for organizations seeking to develop new products, services and growth strategies, has acquired Xperior’s Tenant Portal Software. Xperior provides commercial property managers with a digital representation of their buildings, managed through a web portal.
buyer: Trimantium GrowthOps (ASX:TGO:$19.09)
Trimantium GrowthOps Limited is an entrepreneurial advisory and operations partner for organizations seeking to develop new products, services and growth strategies. "
seller: Xperior
The acquisition includes the Tenant Portal Software business from Xperior. Xperior provides commercial property managers with a digital representation of their buildings, managed through a web portal. They are located in Australia.
price ($mm)
$2.83
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/29/2018 via Company Press Release

Waud Capital Partners, LLC, acquired iOffice, Inc.

synopsis: Waud Capital Partners is pleased to announce that they have acquired iOFFICE. iOFFICE provides best-in-class cloud workplace & real estate management software to both corporations and commercial real estate.
buyer: Waud Capital Partners, LLC
Founded in 1993, Waud Capital Partners is a leading middle-market private equity firm that partners with exceptional management teams to create, acquire, and/or grow companies that address significant, inefficient, highly fragmented and underserved industry segments. "
target: iOffice, Inc.
iOffice is a real-time software application that helps facility managers run their buildings smarter. iOffice software equips facility managers to be more productive, provide better information and be more profitable.
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closed 9/19/2018 via BNC Analysis

Axxerion, acquired Plandatis B.V.

synopsis: Main Capital acquires Plandatis, a supplier of real estate management software based in Apeldoorn, Netherlands. Main will integrate Plandatis with Axxerion, a developer of enterprise cloud software for facility management.
buyer parent: Main Capital Partners BV
buyer: Axxerion
Axxerion is a developer of enterprise cloud software for workplace and facility automation via Internet. Their software provides integrated modules streamlining business processes, including CRM, contract management, HR, asset management, property management, project management, finance and more. "
target: Plandatis B.V.
With over 20 years’ experience, Plandatis is specialized in software development for maintenance management of real estate, infrastructure and installations. Plandatis offers O-Prognose, an ideal, easy and ready to use software application suitable for many businesses and organisations.
price ($mm)
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closed 7/12/2018 via PR Newswire

MRI Software LLC, acquired CML Software Limited

synopsis: MRI Software, a global leader in real estate software solutions, has acquired CML Software, a UK-based company that provides enterprise software to multiple-office sales and letting agents, as well as large property and block management companies. CML's products offers solutions for CRM, property management, client accounting, and block management.
buyer: MRI Software LLC
MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI's comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses from property-level management to analytics. "
target: CML Software Limited
CML Software is a UK-based company that provides enterprise software to multiple-office sales and letting agents, as well as large property and block management companies. Their products offers solutions for CRM, property management, client accounting, portfolio accounting and block management.
price ($mm)
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closed 6/12/2018 via BusinessWire

CBRE Group, Inc., acquired FacilitySource, Inc.

synopsis: CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, announced it has acquired FacilitySource, LLC, a high-growth leader in technology-based procurement and facilities management solutions.
buyer: CBRE Group, Inc. (CBRE:$22,404.29)
CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; and more. "
target parent: Warburg Pincus
target: FacilitySource, Inc.
FacilitySource is an innovative, technology-driven, single-source facility management solution for leading brands in retail, financial services, logistics, healthcare and many other sectors.
price ($mm)
$290
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/23/2018 via Company Press Release

Building Engines, acquired AwareManager

synopsis: Building Engines, the Commercial Real Estate industry's innovation leader for property management solutions, announced the completion of its acquisition of AwareManager, a software provider for many of the world’s most recognized commercial facilities and organizations including the iconic World Trade Center complex.
buyer: Building Engines
Building Engines delivers the commercial real estate industry’s most innovative web and mobile portfolio management platform, providing building teams with the data and insights they need to improve operational efficiency, mitigate risk, measure and improve tenant satisfaction. "
target: AwareManager
AwareManager is a software provider for many of the world’s most recognized commercial facilities and organizations. AwareManager’s property and facility management capabilities span both mobile and web technology and are bolstered by a seasoned implementation team.
price ($mm)
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announced 4/25/2018 via Company Press Release

Hypoport Group, will acquire FIO Systems AG

synopsis: Hypoport signed an agreement to acquire all of the outstanding shares in FIO Systems AG, a provider of web-based software solutions for the financial, housing and real-estate sectors headquartered in Leipzig. FIO's software products are designed for real estate management and marketing, payment transactions, claims management and more.
buyer: Hypoport Group (DB:HYQ:$356.51)
The Hypoport Group is a technology-based financial service provider. It is divided into four business units (Credit Platform, Private Clients, Institutional Clients and Insurance Platform) that are engaged in the distribution of financial services, facilitated or supported by financial technology. "
target: FIO Systems AG
Founded in 1999 and headquartered in Leipzig, FIO is a leading provider of web-based software solutions for the financial, housing and real estate sectors. Their software products are designed for real estate management and marketing, payment transactions, claims management and more.
price ($mm)
$85
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/25/2018 via Company Press Release

Lalubema Sistemas Ltda, acquired King Condo

synopsis: Lalubema, a company in Brazil that provides a condominium management mobile app, has acquired King Condo, a Brazilian company that offers an online condominium management system. King Condo allows users to communicate with employees and residents, automate processes and track condo finances, track utility usage, manage condo security, and more.
buyer: Lalubema Sistemas Ltda
Lalubema is a company in Brazil that provides a condominium management mobile app that helps increase security and provide greater convenience. The app sends notices to the concierge about approved visitors and allows residents to easily make reservations for parties, barbecues, and other events. "
target: King Condo
King Condo is a Brazilian company that offers an online condominium management system. The platform allows users to easily communicate with employees and residents, automate processes and track condo finances, track utility usage, manage condo security, and more.
price ($mm)
rev ($mm)
$0
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 11/15/2017 via BNC Analysis

Dubizzle, acquired Masterkey and Airlist

synopsis: Classified ads website Dubizzle has acquired Dubai-based companies: Masterkey and Airlist. Masterkey, offers software that automates the day-to-day tasks of property management, brokerage and real estate development companies. The second company, Airlist – which was built by Masterkey – helps publish real estate listings.
buyer parent: Naspers Ltd.
buyer: Dubizzle
Dubizzle is the #1 place to buy, sell, or find anything. The number one classified website, Dubizzle.com is the easiest online platform to place free ads, allowing users to find whatever they need, sell & buy within their city. "
target: Masterkey and Airlist
Masterkey, offers software that automates the day-to-day tasks of property management, brokerage and real estate development companies, managing their information in real time. Airlist – built by Masterkey – connects real estate professionals around the world by helping to publish listing data.
price ($mm)
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EBITDA ($mm)
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EV / EBITDA
closed 2/13/2020 via BNC Analysis

NestAway Technologies Private Limited, acquired ApnaComplex

synopsis: Nestaway Technologies, an Indian managed home rental network, has acquired ApnaComplex, an apartment management and security solution in India. ApnaComplex's mobile and web-based platform provides solutions for billing & accounting, gate management, communication, and more.
buyer: NestAway Technologies Private Limited
NestAway is India's fastest growing "Home Rental Network"​ attempting to provide better rental solutions via design and technology. They help users find, book & move-in to a rental home of choice across Indian cities - all from within an app. "
target: ApnaComplex
ApnaComplex is an apartment management and security solution in India. Their mobile and web-based platform provides solutions for billing & accounting, gate management, communication, and more. ApnaComplex helps property owners to improve day-to-day operations and increase resident satisfaction.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/13/2020 via BNC Analysis

NestAway Technologies Private Limited, acquired ApnaComplex

synopsis: Nestaway Technologies, an Indian managed home rental network, has acquired ApnaComplex, an apartment management and security solution in India. ApnaComplex's mobile and web-based platform provides solutions for billing & accounting, gate management, communication, and more.
buyer: NestAway Technologies Private Limited
NestAway is India's fastest growing "Home Rental Network"​ attempting to provide better rental solutions via design and technology. They help users find, book & move-in to a rental home of choice across Indian cities - all from within an app. "
target: ApnaComplex
ApnaComplex is an apartment management and security solution in India. Their mobile and web-based platform provides solutions for billing & accounting, gate management, communication, and more. ApnaComplex helps property owners to improve day-to-day operations and increase resident satisfaction.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/8/2017 via BNC Analysis

NestAway Technologies Private Limited, acquired Zenify

synopsis: Bangalore-based home rental startup NestAway has acquired residential rental management company Zenify. Founded in 2012 and based in Bangalore, Zenify leverages its technology, analytics and design to provide assured rentals and in-depth property management services. Zenify's home rental platform makes it easy for rentors to find to flats for rent.
buyer: NestAway Technologies Private Limited
NestAway is India's fastest growing "Home Rental Network"​ attempting to provide better rental solutions via design and technology. They help users find, book & move-in to a rental home of choice across Indian cities - all from within an app. "
target: Zenify
Zenify is a Banglore, India-based startup that leverages technology, analytics and design to provide a hassle free rental experience to owners and tenants. Zenify makes it easy for renters to find flats for rent, while providing end to end property management for property owners.
price ($mm)
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closed 2/26/2020 via Company Press Release

Frontier Digital Ventures, acquired iMyanmarHouse.com

synopsis: Frontier Digital Ventures, a Malaysian company focused on becoming the world leader in online classifieds businesses in emerging markets, has increased its stake in iMyanmarHouse.com from 42.6% to 52.6%. iMyanmarHouse.com is a property classifieds website in Myanmar. The platform offers over 350,000 properties that are available for sale or rent.
buyer: Frontier Digital Ventures (ASX:FDV:$10.12)
Headquartered in Kuala Lumpur, Frontier Digital Ventures is focused on becoming the world leader in online classifieds businesses in emerging markets. They are experts in the online classifieds space with a particular focus on property and automotive verticals and general classifieds websites. "
target: iMyanmarHouse.com
iMyanmarHouse.com is the No.1 property classifieds website in Myanmar. iMyanmarHouse.com connects buyers, real estate companies and general sellers all across Myanmar. The platform offers over 350,000 properties that are available for sale or rent.
price ($mm)
$0.93*
rev ($mm)
$1
EBITDA ($mm)
EV / rev
7.3x
EV / EBITDA
announced 2/12/2020 via BusinessWire

CoStar Group, will acquire RentPath, Inc.

synopsis: CoStar Group, Inc., the leading provider of commercial real estate information, analytics and online marketplaces, will acquire RentPath, a provider of digital marketing for rental properties through a network of Internet listing websites, including Rent.com, ApartmentGuide.com, Rentals.com, and Lovely.com.
buyer: CoStar Group (CSGP:$1,340.56)
CoStar Group is the leading provider of commercial real estate information, analytics and online marketplaces. The Group conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. "
target parent: TPG Capital
target: RentPath, Inc.
RentPath’s provides digital marketing for rental properties through a network of websites, including Rent.com, ApartmentGuide.com, Rentals.com, and Lovely.com. The RentPath network of websites generated over 21 million monthly visits and almost 9 million monthly unique visitors in 2019.
price ($mm)
$588
rev ($mm)
$227
EBITDA ($mm)
$47
EV / rev
2.6x
EV / EBITDA
12.5x
closed 11/21/2019 via BNC Analysis

Funke Mediengruppe GmbH, acquired Monteurzimmer.de

synopsis: Funke Mediengruppe has acquired Monteurzimmer.de (Passion 4 Gästezimmer GmbH), a Berlin-based company that operates Monteurzimmer.de and Pension.de, two portals for arranging temporary accommodation (eg apartments, guesthouses).
buyer: Funke Mediengruppe GmbH
Funke Mediengruppe is Germany's third largest newspaper and magazine publisher with a total of over 500 publications in eight countries. They publish newspapers, women’s magazines, TV guides, advertising papers, books and more. "
target: Monteurzimmer.de
Monteurzimmer.de is a Berlin-based company that operates Monteurzimmer.de and Pension.de, two portals for arranging temporary accommodation (eg apartments, guesthouses).
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/23/2019 via BNC Analysis

CareerIndex Inc., acquired DOOR Chintai

synopsis: CareerIndex, Japan's largest job change site, has acquired DOOR Chintai from Livesense, a Tokyo-based Internet media company. DOOR Chintai is a Japanese rental real estate information search site. DOOR Chintai provides all the information people need to help them find their perfect apartment.
buyer: CareerIndex Inc.
CareerIndex is Japan's largest job change site. CareerIndex offers over 600,000 job postings for all kinds of jobs, including finance, marketing, information technology, real estate, healthcare, retail and more. They offer job listings from all over Japan and in China and overseas. "
target parent: Livesense Inc.
target: DOOR Chintai
DOOR Chintai is a Japanese rental real estate information search site. DOOR Chintai provides all the information people need to help them find their perfect apartment. DOOR Chintai allows users to search for apartments based on location and rent fee.
price ($mm)
$16
rev ($mm)
$7
EBITDA ($mm)
EV / rev
2.3x
EV / EBITDA
closed 4/24/2019 via PR Newswire

PropertyFinder Group, acquired Bahrain Property World

synopsis: Property Finder, the leading real estate platform in the Middle East and North Africa region, has acquired Bahrain Property World, Bahrain's most popular Real Estate portal. Bahrain Property World offers thousands of the best properties for rent and for sale with daily new listings from the best real estate agents.
buyer: PropertyFinder Group
Headquartered in Dubai, Property Finder is the leading real estate platform in the Middle East and North Africa region. It is the go-to platform for developers, real estate brokerages and house hunters to make informed decisions on all things real estate. "
target: Bahrain Property World
Bahrain Property World is Bahrain's most popular Real Estate portal. Bahrain Property World offers thousands of the best properties for rent and for sale with daily new listings from the best real estate agents. Users can search for apartments, villas and houses that are for sale or rent in Bahrain.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/3/2019 via BNC Analysis

PropTiger, acquired Fastfox.com

synopsis: Elara Technologies Pte Ltd, the owner of Housing.com, PropTiger.com and Makaan.com, announced the acquisition of Gurugram-based rental brokerage platform FastFox.com. Based in India, FastFox.com is the destination to choose from 1000s of residential properties available for rent.
buyer: PropTiger
PropTiger is an independent real estate advisor with a pan-India presence. PropTiger possesses vast experience and knowledge of real estate in India, and aspire to be the first port of call if users want to buy a residential property in India. "
target: Fastfox.com
Based in India, FastFox.com is the destination to choose from 1000s of residential properties available for rent. Tenants can check pictures and in-depth information about the property and its vicinity, schedule a site visit and finalise with the landlord. Its the fastest way to rent home.
price ($mm)
rev ($mm)
EBITDA ($mm)
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announced 10/1/2018 via Company Press Release

GA technologies Co., Ltd, will acquire Itandi, Inc.

synopsis: GA technologies, a Japanese developer of real estate mobile apps and websites, will acquire Itandi, a Japanese company that operates real estate online portals. Itandi's portals provides real estate brokers with cloud-based solutions for sales, CRM, leasing and more. Their Heyazine site provides people with information about rental property.
buyer: GA technologies Co., Ltd (TSE:3491:$84.97)
GA technologies is a Japanese developer of real estate mobile apps and websites. Their Renosy app allows users to search for apartments and condos in Japan. Their Renosy Insight app allows real estate investors to manage their portfolio, simulate purchases and sales, manage contracts and more. "
target: Itandi, Inc.
Itandi, Inc. is a Japanese company that owns and operates real estate online portals. Their portals provides real estate brokers with cloud-based solutions for sales, CRM, leasing, answering systems and more. Their Heyazine site provides people with information about rental property.
price ($mm)
$16*
rev ($mm)
$2
EBITDA ($mm)
EV / rev
13.4x
EV / EBITDA
closed 4/12/2018 via BNC Analysis

ZiffyHomes, acquired Nivaasa

synopsis: Home rental marketplace startup ZiffyHomes announced that it has acquired Nivaasa, a Gurgaon-based home rental platform. Nivaasa's online platform can help people find a single room, an entire apartment, or a flatmate for a vacant room.
buyer: ZiffyHomes
ZiffyHomes is India's first technology driven home rental marketplace that makes lives better by making it simple to rent homes. They are a discovery platform that offers ready to move-in individual rooms to tenants. "
target: Nivaasa
Nivaasa is an online platform that helps people find homes to rent in Gurgaon, India. Nivaasa can help people find a single room, an entire apartment, or a flatmate for a vacant room.
price ($mm)
rev ($mm)
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announced 9/12/2017 via PR Newswire

Apartments.com, will acquire ForRent

synopsis: CoStar Group, Inc., the leading provider of commercial real estate information, analytics and online marketplaces, announced that it plans to acquire ForRent. ForRent provides property managers and owners with diverse marketing and advertising products, services and education. After the acquisition, ForRent will join the Apartments.com network.
buyer parent: CoStar Group
buyer: Apartments.com
Apartments.com is the leading online apartment listing website, offering renters access to information on more than 500,000 available units for rent. Apartments.com creates easy access to its listings through a responsive website and iOS and Android apps, and provides exposure for its advertisers. "
target parent: Landmark Media Enterprises, LLC
target: ForRent
ForRent provides property managers and owners with diverse marketing and advertising products, services and education. These products are easy to use, easy to understand, and designed with modern renters in mind.
price ($mm)
$385
rev ($mm)
$100
EBITDA ($mm)
$15
EV / rev
3.9x
EV / EBITDA
25.7x
closed 5/8/2017 via BNC Analysis

NestAway Technologies Private Limited, acquired Zenify

synopsis: Bangalore-based home rental startup NestAway has acquired residential rental management company Zenify. Founded in 2012 and based in Bangalore, Zenify leverages its technology, analytics and design to provide assured rentals and in-depth property management services. Zenify's home rental platform makes it easy for rentors to find to flats for rent.
buyer: NestAway Technologies Private Limited
NestAway is India's fastest growing "Home Rental Network"​ attempting to provide better rental solutions via design and technology. They help users find, book & move-in to a rental home of choice across Indian cities - all from within an app. "
target: Zenify
Zenify is a Banglore, India-based startup that leverages technology, analytics and design to provide a hassle free rental experience to owners and tenants. Zenify makes it easy for renters to find flats for rent, while providing end to end property management for property owners.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/1/2017 via PR Newswire

Apartments.com, acquired Westside Rentals

synopsis: Apartments.com, a division of CoStar Group, announced its acquisition of Westside Rentals, a leading rental website specializing in Southern California real estate rentals. The addition of Westside Rentals to the network of sites gives Southern CA renters the largest choice of rental properties & gives Southern CA property owners the most exposure.
buyer parent: CoStar Group
buyer: Apartments.com
Apartments.com is the leading online apartment listing website, offering renters access to information on more than 500,000 available units for rent. Powered by CoStar, the Apartments.com network of home rental sites includes Apartments.com, ApartmentFinder.com, and ApartmentHomeLiving.com. "
target: Westside Rentals
Westside Rentals is a leading rental website specializing in Southern California real estate rentals. Westside Rentals has been operating in the Southern California market for 20 years.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/9/2017 via BusinessWire

Housing.com will be merged with PropTiger,

synopsis: PropTiger.com and Housing.com, two of India’s leading online real estate service providers will come together to become India’s largest online real estate services company. Dhruv Agarwala, co-founder and CEO of PropTiger, will serve as CEO of the joint entity.
buyer: PropTiger
PropTiger is an independent real estate advisor with a pan-India presence. PropTiger possesses vast experience and knowledge of real estate in India, and aspire to be the first port of call if users want to buy a residential property in India. "
target: Housing.com
Founded in Bombay, Housing.com is one of the world’s fastest-growing online real estate platforms. It allows people to explore flats in their neighbourhood, view all amenities closeby and take a virtual tour of every property.
price ($mm)
$75
rev ($mm)
$10
EBITDA ($mm)
EV / rev
7.5x
EV / EBITDA
closed 11/23/2016 via BNC Analysis

Quikr, acquired Grabhouse

synopsis: Online classifieds company Quikr India Pvt. Ltd has acquired home rental start-up Grabhouse. Grabhouse.com is broker free house renting website that helps people find compatible roommates and rented accommodation.
buyer: Quikr
Quikr is a community-focused, digital classifieds company offering a convenient way for people in the same city to meet, share ideas, trade, and help one another. Quikr enables users to transact in 12 categories and 140+ sub-categories. "
target: Grabhouse
Grabhouse.com is broker free house renting website that helps people find compatible roommates and rented accommodation. It aims to connect owners or current tenants to prospective tenants directly.
price ($mm)
$10
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/3/2016 via BNC Analysis

Foncia Groupe, acquired Somhome

synopsis: Foncia Groupe SAS, a property management group, has acquired Somhome, a company that develops and operates an online matching site and mobile application for property owners and tenants.
buyer: Foncia Groupe
Foncia Groupe SAS provides residential real estate management, condominium management, lease management, renting, sale, research funding, insurance, and technical diagnoses services. They are based in Paris, France. "
target: Somhome
Somhome develops and operates an online matching site and mobile application for property owners and tenants. It offers services for renting, subletting, and roommates. The company was incorporated in 2012 and is based in Paris, France.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/6/2016 via BNC Analysis

Immobiliare.it S.p.A., acquired Enalquiler Rental Online, S.L.

synopsis: The Italian real estate portal Immobiliare.it has completed its purchase of almost 100% of Enalquiler, its Catalan counterpart, from Grupo Intercom. Enalquiler is an online portal specializing in renting residential housing throughout Spain, with a catalogue of more than 100,000 homes.
buyer: Immobiliare.it S.p.A.
Immobiliare.it is the leading portal in Italy in online real estate listings. They have over 950,000 ads from individuals and real estate agencies, accompanied by photos, videos, descriptions and all the information necessary to make the right choice. "
target parent: Grupo Intercom S.A
target: Enalquiler Rental Online, S.L.
Enalquiler.com is an online portal specializing in renting residential housing throughout Spain. Their portal aims to be a meeting point between the landlord and potential tenants, and a place where users can quickly find all the information they need relating to the rental sector.
price ($mm)
rev ($mm)
$3
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 4/27/2016 via Company Press Release

REA Group, acquired Flatmates.com.au Pty Ltd

synopsis: REA Group Limited announced that it has acquired Flatmates.com.au Pty Ltd, the market leading player in share accommodation in Australia. Flatmates was established in 1990 and is Australia’s biggest share accommodation website.
buyer parent: News Corporation
buyer: REA Group (ASX:REA:$432.27)
REA Group Limited is a multinational digital advertising company specialising in property. The Group operates Australia’s No.1 residential and commercial property websites, realestate.com.au and realcommercial.com.au, as well as other property sites and apps internationally. "
target: Flatmates.com.au Pty Ltd
Flatmates.com.au is Australia’s No.1 share accommodation website. Based in Sydney, Australia, Flatmates.com.au allows people to list their spare rooms, find accommodation or team up with others to start a share house.
price ($mm)
$19
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/25/2016 via Company Press Release

Zumper, acquired PadMapper

synopsis: Zumper, the fastest growing home and apartment rental platform in the U.S., announced that it has acquired PadMapper, a leading platform in the online rental space. PadMapper launched in 2009 as the first map-based search platform in the US and Canada.
buyer: Zumper
Zumper, based in San Francisco, is the first end-to-end home and apartment rental platform, taking renters from search through application and close. In addition to helping consumers, Zumper offers rental professionals industry-leading tools to market listings and screen prospective tenants. "
target: PadMapper
PadMapper launched in 2009 as the first map-based search platform in the US and Canada. PadMapper offers hundreds of thousands of listings to renters and a suite of tools for rental professionals.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/3/2016 via BNC Analysis

Zillow, Inc., acquired Naked Apartments

synopsis: Online real estate site Zillow announced that it has acquired Naked Apartments. Naked Apartments is an apartment rentals platform with a focus on New York City.
buyer: Zillow, Inc. (Z:$1,189.29)
Zillow® is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the place they call home, and connecting them with the best local professionals who can help. "
target: Naked Apartments
Naked Apartments is an apartment rentals platform with a focus on New York City. Naked Apartments launched in 2010 and currently has 13 employees. Its focus has always been on making the rental process easy.
price ($mm)
$13
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/29/2015 via GlobeNewswire

CoStar Group, will acquire Apartment Finder

synopsis: CoStar Group, Inc., the leading provider of commercial real estate information, analytics and online marketplaces, announced that it plans to acquire Apartment Finder. Apartment Finder helps people rent apartments in their own neighborhood and in neighborhoods all across the country.
buyer: CoStar Group (CSGP:$1,340.56)
CoStar Group is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. "
target parent: Network Communications, Inc.
target: Apartment Finder
Apartment Finder helps people rent apartments in their own neighborhood and in neighborhoods all across the country. Through a print publication and a website, Apartment Finder provides a comprehensive resource of apartments that is accessible to everyone.
price ($mm)
$170
rev ($mm)
$79
EBITDA ($mm)
$23
EV / rev
2.2x
EV / EBITDA
7.4x
closed 9/17/2014 via Company Press Release

Salt Creek Capital, acquired Apartment Data Services

synopsis: Salt Creek Capital has completed the acquisition of Apartment Data Services (“ADS”). ADS sources and sells real-time, historical and highly localized apartment rental data and occupancy statistics, as well as advertising services to the multifamily residential property management, construction, and apartment locator industries.
buyer: Salt Creek Capital
Salt Creek Capital is a private equity firm focused on lower middle market companies. It looks for opportunities to accelerate growth and improve the operating efficiency of profitable companies with $3M-$50M in revenue. "
target: Apartment Data Services
Apartment Data Services sources and sells real-time, historical and highly localized apartment rental data and occupancy statistics, as well as advertising services to the multifamily residential property management, construction, and apartment locator industries.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Geography
Matching Companies
Ticker: TSE:1435
 
 
 
 
 
 
 
 
Investors Cloud Co., Ltd.
Investors Cloud Co., Ltd. engages in the development and operation of TATERU and other software companies. The company is based in Tokyo, Japan.
year
2018
rev ($mm)
$716.09
EBITDA ($mm)
$9.52
EBIT ($mm)
$6.53
Net Income ($mm)
$7.44
Employees
505
  • drill down
  • watch
Ticker: APPF
 
 
 
 
 
 
 
 
AppFolio
AppFolio creates comprehensive, easy-to-use, cloud-based business software solutions for vertical markets. AppFolio's products include cloud-based property management software (AppFolio Property Manager) and cloud-based legal practice management software (MyCase).
year
2019
rev ($mm)
$221.21
EBITDA ($mm)
$17.93
EBIT ($mm)
$12.04
Net Income ($mm)
$35.05
Employees
1190
  • drill down
  • watch
Ticker: OTCPK:RSAS.F
 
 
 
 
 
 
 
 
RESAAS
RESAAS is a cloud-based social business platform for the real estate services industry. RESAAS' powerful Reblasts engine allows professionals to share their listings, their thoughts, and their invaluable knowledge to the RESAAS network, as well as other social networks.
year
2017
rev ($mm)
$0.36
EBITDA ($mm)
($5.51)
EBIT ($mm)
($4.87)
Net Income ($mm)
Employees
35
  • drill down
  • watch
Ticker: XTRA:NEM
 
 
 
 
 
 
 
 
Nemetschek
Nemetschek
Nemetschek, Munich, is a globally leading software provider for the AEC industry. With its 12 brands, the Nemetschek Group now serves more than 1.8 million users in 142 countries from more than 50 locations worldwide.
year
2019
rev ($mm)
$599.43
EBITDA ($mm)
$134.58
EBIT ($mm)
$125.73
Net Income ($mm)
$133.28
Employees
2838
  • drill down
  • watch
Ticker: TSE:6054
 
 
 
 
 
 
 
 
Livesense Inc.
Livesense Inc.
Livesense is a Tokyo-based Internet media company known for its job search site with the business model that rewards users when they land a new job. Livesense also operates websites that help people to find apartments and comparison sites for various business services.
year
2019
rev ($mm)
$59.06
EBITDA ($mm)
$2.17
EBIT ($mm)
$1.83
Net Income ($mm)
$3.19
Employees
299
  • drill down
  • watch
Ticker: TSE:3491
 
 
 
 
 
 
 
 
GA technologies Co., Ltd
GA technologies Co., Ltd
GA technologies is a Japanese developer of real estate mobile apps and websites. Their Renosy app allows users to search for apartments and condos in Japan. Their Renosy Insight app allows real estate investors to manage their portfolio, simulate purchases and sales, manage contracts and more.
year
2017
rev ($mm)
$84.97
EBITDA ($mm)
$3.39
EBIT ($mm)
$3.17
Net Income ($mm)
$2.29
Employees
130
  • drill down
  • watch
Ticker: Z
 
 
 
 
 
 
 
 
Zillow, Inc.
Zillow, Inc.
Zillow Group houses a portfolio of the largest real estate and home-related brands on the Web and mobile. The company's brands focus on all stages of the home lifecycle: renting, buying, selling, financing and home improvement.
year
2018
rev ($mm)
$1,189.29
EBITDA ($mm)
$78.31
EBIT ($mm)
$7.54
Net Income ($mm)
Employees
3334
  • drill down
  • watch
Ticker: RDFN
 
 
 
 
 
 
 
 
Redfin
Redfin is a customer-first real estate brokerage that represents people buying and selling homes. Founded and run by technologists, Redfin has a team of experienced, full-service real estate agents who are advocates, not salespeople, earning customer-satisfaction bonuses, not commissions.
year
2018
rev ($mm)
$458.55
EBITDA ($mm)
($25.82)
EBIT ($mm)
($33.80)
Net Income ($mm)
Employees
2422
  • drill down
  • watch
Ticker: TSE:2120
 
 
 
 
 
 
 
 
Lifull Co., Ltd.
Lifull Co., Ltd.
LIFULL Co., Ltd. is a company that operates real estate and housing information services. Its main service is the operation of LIFULL HOME'S, a website providing real estate and housing information, which provides the industry's most extensive library of property information in Japan.
year
2017
rev ($mm)
$289.28
EBITDA ($mm)
$29.06
EBIT ($mm)
$19.48
Net Income ($mm)
$8.87
Employees
1001
  • drill down
  • watch
Ticker: BSE:532777
 
 
 
 
 
 
 
 
Info Edge
Info Edge
Starting with a classified recruitment online business, naukri.com, Info Edge has grown and diversified rapidly. Info Edge is India’s premier online classifieds company in recruitment, matrimony, real estate, education and related services.
year
2019
rev ($mm)
$173.03
EBITDA ($mm)
$47.97
EBIT ($mm)
$43.65
Net Income ($mm)
$50.50
Employees
1676
  • drill down
  • watch
Ticker: AIM:PURP
 
 
 
 
 
 
 
 
PurpleBricks
PurpleBricks
Purplebricks is a hybrid real estate agency that combines Local Real Estate Experts with a proven technology platform to make the entire process of buying and selling a home more convenient, transparent and cost effective.
year
2018
rev ($mm)
$124.39
EBITDA ($mm)
($30.62)
EBIT ($mm)
($32.85)
Net Income ($mm)
Employees
239
  • drill down
  • watch
Ticker: CPSE:EI
 
 
 
 
 
 
 
 
Euroinvestor A/S
Euroinvestor A/S
EuroInvestor.com, an independent Internet media company, provides online investment information to private investors. The company offers information on stocks and shares; access to equity-, currency-, and bond prices; financial news; portfolio tool; and stock recommendations.
year
2017
rev ($mm)
$9.89
EBITDA ($mm)
$2.12
EBIT ($mm)
$1.90
Net Income ($mm)
Employees
0
  • drill down
  • watch
Ticker: NXOI
 
 
 
 
 
 
 
 
Next 1 Interactive, Inc.
Next 1 Interactive, Inc.
Next One Interactive, Inc. is a multi faceted media company specializing in Travel and Real Estate. Next 1 plans the delivery of targeted content via multiple digital platforms including Cable and Video on Demand TV Broadcast, Broadband and mobile.
year
2012
rev ($mm)
$1.29
EBITDA ($mm)
($1.68)
EBIT ($mm)
($2.09)
Net Income ($mm)
Employees
9
  • drill down
  • watch