M&A Deal Summary

ApartmentLove Acquires Gottarent

On December 16, 2022, ApartmentLove acquired business services company Gottarent for 940K CAD

Acquisition Highlights
  • This is ApartmentLove’s 1st transaction in the Business Services sector.
  • This is ApartmentLove’s 0th largest (disclosed) transaction.
  • This is ApartmentLove’s 2nd transaction in Canada.
  • This is ApartmentLove’s 1st transaction in Ontario.

M&A Deal Summary

Date 2022-12-16
Target Gottarent
Sector Business Services
Buyer(s) ApartmentLove
Deal Type Add-on Acquisition
Deal Value 940K CAD

Target

Gottarent

Hamilton, Ontario, Canada
website
Gottarent is a online rental property search of houses, townhouses, condos and apartments for rent. Gottarent was founded in 2000 and is based in Hamilton, Ontario.

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Buyer(S) 1

Buyer

ApartmentLove

Calgary, Alberta, Canada

website


Category Company
Sector Internet Software and Services
DESCRIPTION

ApartmentLove is a provider of online residential rental marketing services to landlords and renters in more than 30 countries on 5-continents around the world. The company is actioning its growth through an acquisition program – purchasing competing businesses that have many monthly active users, a history of recurring revenues, positive cashflows, and custom technologies that both accelerate and destress the renting experience, while actioning its custom Search Engine Optimization and other organic growth strategies across the United States. ApartmentLove is based in Calgary, Alberta.


DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-18 Owner Direct Vacation Rentals

Kelowna, British Columbia, Canada

Owner Direct Vacation Rentals is a privately rent out ski condo through its website that showcases thousands of active vacation rental homes in hundreds of resorts around the world. Owner Direct Vacation Rentals was formed in 1994 and is based in Kelowna, British Columbia.

Buy -