M&A Deal Summary

Urbanimmersive Acquires Immersolution

On February 13, 2020, Urbanimmersive acquired electronics company Immersolution

Acquisition Highlights
  • This is Urbanimmersive’s 1st transaction in the Electronics sector.
  • This is Urbanimmersive’s 1st transaction in Canada.
  • This is Urbanimmersive’s 1st transaction in Quebec.

M&A Deal Summary
Date 2020-02-13
Target Immersolution
Sector Electronics
Buyer(s) Urbanimmersive
Deal Type Add-on Acquisition

Target

Immersolution

Laval, Quebec, Canada
website
Immersolution is a Canadian reseller of 3D and 360-lens cameras offering advanced technologies and services in the process of producing 3D immersive environments for the real estate, retail and industrial photography markets. Immersolution has an exclusive distribution agreement for the Canadian market with Matterport, the worldwide leading 3D camera provider in the real estate market and is a fully authorized distributor and service partner of Leica 360 and Ricoh Theta Z1 360 lens cameras.

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Buyer(S) 1

Buyer

Urbanimmersive

Laval, Quebec, Canada

website

Category Company
Founded 2007
Sector Internet Software and Services
Revenue 8M USD (2022)
DESCRIPTION

Urbanimmersive is a content marketing platform for real estate professionals. The Corporation connects real estate professionals, photographers, and writers in order to simplify and optimize the original content production workflow. Urbanimmersive enables its customers to leverage their marketing investment while increasing productivity, competitiveness, their web visibility, consumer engagement with their brand and ultimately, their revenue. Urbanimmersive was founded in 2007 and is based in Laval, Canada.

DEAL STATS #
Overall 2 of 10
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 2 of 9
State (Quebec) 1 of 5
Country (Canada) 1 of 5
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-22 Tourbuzz

Atlanta, Georgia, United States

Tourbuzz LLC develops real estate photography software. Our vision is to give every piece of real estate an online home in a beautiful, useful, realistic, and emotionally engaging way. We empower those looking to buy or rent real estate to truly understand a property’s appropriateness for their needs while driving excitement about the property. We operate at the intersection of technology and design, delivering the future of real estate marketing today while elevating the brands of the photographers and real estate professionals that depend on our platform.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-30 Clique Mobile

Quebec, Canada

Clique Mobile is made up of photographers, videographers, retouchers, and graphic designers. Clique Mobile allows developing great expertise in real estate and corporate photography.

Buy -
Mergr

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