Company acquisitions in the Property Management industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 2 acquisitions that took place in the Property Management industry.
Cozy acquired by CoStar Group
Details about the transaction:
Acquisition amount: $68,000,000
Announcement: 8 November 2018
Details about the company:
Renters and landlords can use Cozy, an online property management service.
Headquarter:
Where to find them: Website
Industry: Finance, Property Management, Real Estate, Rental, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Hunters Estate Agents acquired by Property Franchise Group
Details about the transaction:
Acquisition amount: $24,200,000
Announcement: 28 January 2021
Details about the company:
Real estate and property management are both services provided by Hunters Estate Agents.
Headquarter:
Where to find them: Website
Industry: Property Management, Real Estate
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
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