Altus Group completed the acquisition of Reonomy for $201m.

Altus Group, a provider of software, data solutions and independent advisory services, completed the acquisition of Reonomy, a fast growing, AI-powered data platform, for $201m. "The combination of Reonomy’s AI-powered data platform with Altus’ suite of software, data and analytics capabilities creates a very compelling client offering that will enable our clients to better manage performance and risk within their CRE portfolios with data-driven insights, predictive analytics and alert capabilities. It significantly accelerates our transformative innovation in AI predictive data analytics by better positioning us technologically, with data science and analytics expertise, and with a robust dataset to add analytics into workflows that not only look back at what happened and why, but look forward to machine learning informing us on what might happen next," Mike Gordon, Altus Group CEO.