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New Deal


Announced

Completed

Lessen completed the acquisition of Blue Skyre IBE.

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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real estate advisory

Private

Friendly

United States

Domestic

service company

commercial real estate

Single Bidder

Acquisition

Completed

real estate

Majority

Real Estate Services

Synopsis

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Lessen, a tech-enabled, end-to-end solution for outsourced real estate property services, completed the acquisition of Blue Skyre IBE, a global facilities management solutions provider. Financial terms were not disclosed. "This acquisition advances our goal of providing a game-changing, tech-enabled service model for the entire real estate ecosystem. Lessen and Blue Skyre share a vision of leveraging technology to help shape the future of real estate for a better world, solving pain points, and replacing complexity with transparency and operational efficiency backed by data-driven insights. With this most recent acquisition, Lessen is uniquely positioned to transform commercial and residential real estate to the benefit of all the stakeholders. I’m thrilled to welcome Maureen and Colette to the Lessen family. Their experience, industry track record and expertise will be invaluable as we continue to broaden our reach into commercial facilities management,” Jay McKee, Lessen CEO.

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