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New Deal


Announced

Apex Group to acquire Retransform from The Annet Group.

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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United States

real estate services

real estate technology

Single Bidder

Pending

Acquisition

Real Estate Services

Majority

Private

Friendly

Cross Border

Synopsis

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Apex Group, a global financial services provider based in the United States, agreed to acquire Retransform, a world-wide real estate service provider, from The Annet Group, a provider of real estate solutions, technology solutions, business support services and education services. Financial terms were not disclosed. “We continue to build Apex Group’s technological capabilities through strategic acquisitions, innovation and partnerships with market leading providers. We are pleased to announce our agreement to acquire Retransform, a clear leader in the development and implementation of solutions for the Real Estate industry which will enable us to remain at the forefront of the technology evolution within our industry. By bringing Retransform’s technologies and capabilities into the Group we will be able to better serve the needs of our Real Estate clients, by delivering a technology-enabled single-source solution, in a way which no one else can,” Peter Hughes, Apex Group Founder and CEO.

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