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Announced

Completed

Clear Capital completed the acquisition of CubiCasa.

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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Finland

Digital Services

Completed

proptech startup

Cross Border

Friendly

Private Equity

Majority

Private

Acquisition

Single Bidder

Synopsis

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Clear Capital, a national real estate valuation technology company, completed the acquisition of CubiCasa, a Finland-based proptech startup. Financial terms were not disclosed. "As a key part of Clear Capital’s mission to modernize the appraisal process, we needed to find a way to make floor plan sketches more accurate and easier to create. We evaluated every option available, and CubiCasa’s technology far exceeded anything else in the marketplace. Then we met their leadership team, and were amazed at our people-first cultural alignment. This is just the beginning of a very fun journey together," Duane Andrews, Clear Capital CEO.

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