Divestiture • Information Services

Advan Acquires Real Estate Intelligence

On November 14, 2024, Advan acquired information services company Real Estate Intelligence from RetailStat

Acquisition Context
  • This is Advan’s 1st transaction in the Information Services sector.
  • This is Advan’s 1st transaction in the United States.
  • This is Advan’s 1st transaction in New York.

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M&A Deal Summary

Date November 14, 2024
Target Real Estate Intelligence
Sector Information Services
Buyer(s) Advan
Sellers(s) RetailStat
Deal Type Divestiture

Target Company

Real Estate Intelligence

New York, New York, United States
Real Estate Intelligence is a mobile device location data powered analytics component of RetailStat, comprising a Retail Real Estate custom graphical user interface and associated data feeds. Real Estate Intelligence is based in New York, New York.
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Buyer Overview 1

Buyer

Advan

New York, New York, United States

Category Company
Sector Information Services
DESCRIPTION

Advan provides hedge funds, real estate investors, retailers, and businesses with insights into foot traffic, sales data, and consumer behavior that enable customers to make better business and investment decisions. Advan is based in New York, New York.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Services 1 of 1
Type: Divestiture 1 of 1
State: New York 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1

Seller Profile 1

SELLER

RetailStat

New York, New York, United States

Category Company
Founded 1957
Sector Business Services
DESCRIPTION

RetailStat is a provider of financial, credit, and geospatial intelligence to a diverse set of customer segments, including consumer product companies, retailers, retail real estate owners and investors, and lenders. RetailStat was formed in 1957 and is based in New York, New York.


Deal Context for Seller #
Overall 1 of 1
Sector: Information Services 1 of 1
Type: Divestiture 1 of 1
State: New York 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-14 MTN Retail Advisors

Salt Lake City, Utah, United States

MTN Retail Advisors is a provider of grocery retail research and data nationwide. MTN answers clients’ most challenging market questions, helping them to maximize profits and minimize risk. The firm’s comprehensive and precise market insights, including the most robust store-level estimated grocery sales data, serve clients across the retail value chain. MTN Retail Advisors was founded in 2001 and is based in Salt Lake City, Utah.

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