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New Deal


Announced

Completed

Aquiline-backed Elm Street Technology completed the acquisition of IDX Broker.

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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Single Bidder

real estate software

real estate solutions

Software

software services

Private

Completed

Majority

Friendly

United States

Acquisition

Private Equity

Disposal

Synopsis

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Aquiline-backed Elm Street Technology, a real estate technology and marketing solutions provider completed the acquisition of IDX Broker, a provider of real estate search applications and marketing solutions. Financial terms were not disclosed. "We've listened to our customers and their desire to have a single point of contact and vendor for all of their marketing services, and now we are excited to be able to join the Elm Street Technology team to fulfill this request. Elm Street Technology has been executing on its mission to create an end-to-end solution with their Elevate platform and I believe it's quickly going to lead the space. We're thrilled to combine forces, company cultures and our mutual passion to be a part of this vision," Chad Barczak, IDX CEO.

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