.
MergerLinks Header Logo

Announced

Completed

Citi completed the investment in Built Technologies.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Domestic

Minority

Private

Construction Services

United States

construction platform

Completed

Friendly

Single Bidder

Synopsis

Edit

Citi, an American multinational investment bank and financial services corporation, completed the investment in Built Technologies, a construction and real estate software provider. Financial terms were not disclosed. “The investment from Citi SPRINT opens a new market opportunity for Built to gain traction with one of the largest US financial institutions in the real estate industry. Citi SPRINT's investment is a testament to Built's vision and the value Built delivers to its customers. The investment presents a unique opportunity, and one that will further accelerate our market reach,” Chase Gilbert, Built Technologies CEO and Co-Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US