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New Deal


Announced

Completed

Rialto led a $125m funding round in Alfred.

Financials

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Transaction Value£95m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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application software

Software

United States

Cross Border

Private

Single Bidder

Friendly

Completed

Venture Capital

Acquisition

Minority

Private Equity

Synopsis

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Rialto, an investment management and asset management platform, led a $125m funding round in Alfred, a residential technology company, with participation from New Enterprise Associates, 166 2nd Financial Services and Holland Capital. "No matter what end of the real estate spectrum you're on – owner, operator or resident – you want more for your money. More service, more income, more efficiency, more community, and you want it in one seamless experience. By acquiring RKW, we can more deeply deploy technology to learn, innovate and continually elevate the rental experience for all," Marcela Sapone, Alfred Co-Founder and CEO.

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