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New Deal


Announced

Completed

Riverside-backed Buildout completed the acquisition of ProspectNow.

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

United States

Private Equity

Friendly

Software

Majority

Domestic

Private

real estate platform

Acquisition

Completed

Synopsis

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The Riverside Company-backed Buildout, a designer and developer of end-to-end solutions for commercial real estate listing, completed the acquisition of ProspectNow, a provider of AI-powered real estate property and owner intelligence. Financial terms were not disclosed. “Not only are their markets and solutions complementary, but the ProspectNow and Buildout teams also share a vision and passion for delivering a world-class, full-lifecycle CRE broker deal-acceleration platform,” Loren Schlachet, Riverside Managing Partner.

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