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New Deal


Announced

biproxi to acquire OfficeSpace.com.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

real estate marketplace

Acquisition

Friendly

Private

Single Bidder

Pending

Majority

Real Estate Services

Synopsis

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biproxi, an end-to-end commercial real estate platform, agreed to acquire OfficeSpace.com, an online commercial real estate marketplace that connects tenants and buyers with brokers. Financial terms were not disclosed. "We're excited to add OfficeSpace.com to the suite of products and services available from biproxi and to expand their offerings more broadly to the commercial real estate community. This acquisition will allow us to aggressively build on the success that OfficeSpace.com has seen as a listing site, while also continuing to develop a robust set of solutions for brokers under the biproxi brand," Gordon Smith, biproxi CEO.

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