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New Deal


Announced

Completed

Redfin completed the acquisition of RentPath for $608m.

Financials

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Transaction Value£433m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3.1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Single Bidder

Acquisition

Private

Domestic

Digital Services

digital media

United States

Majority

Friendly

Synopsis

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Redfin, a real estate brokerage firm, completed the acquisition of RentPath, a digital marketing services provider, for $608m. "By acquiring RentPath, Redfin will be as committed as we are to the rental market. As part of the Redfin family, our platform will be well-positioned to lead the market in the quality and value of our products, while giving our current and future customers access to many more high-intent renters through Redfin's extensive network," Dhiren Fonseca, RentPath CEO.

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