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Announced

Completed

Goldman Sachs Asset Management led a $100m Series A funding round in PLACE.

Financials

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Transaction Value£74m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Completed

Acquisition

Private Equity

technology platform

Friendly

technology services

Majority

Venture Capital

Private

Domestic

Software

Synopsis

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Goldman Sachs Asset Management, an investment manager, led a $100m Series A funding round in PLACE, a real estate industry's only all-in-one technology and business services platform. 3L Capital also participated. "This Goldman Sachs-led round of financing will allow for the continued expansion of the PLACE platform as well as the services needed by agents and teams to stay ahead of the ever-changing demands of the real estate consumer," Chris Suarez, PLACE Co-Founder.

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