M&A Deal Summary

Altisource Portfolio Solutions Acquires REIsmart

On October 13, 2015, Altisource Portfolio Solutions acquired information services company REIsmart

Acquisition Highlights
  • This is Altisource Portfolio Solutions’ 2nd transaction in the Information Services sector.
  • This is Altisource Portfolio Solutions’ 7th transaction in the United States.
  • This is Altisource Portfolio Solutions’ 2nd transaction in Colorado.

M&A Deal Summary

Date 2015-10-13
Target REIsmart
Sector Information Services
Buyer(s) Altisource Portfolio Solutions
Deal Type Add-on Acquisition

Target

REIsmart

Westminster, Colorado, United States
REIsmart LLC (dba Investability) is an online residential real estate search and acquisition platform that utilizes data and analytics to allow real estate investors to access the estimated cash flow, capitalization rate, net yield and market value on properties for sale in the United States.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Altisource Portfolio Solutions

Luxembourg, Luxembourg

Category Company
Founded 1999
Sector Business Services
Employees1,071
Revenue 145M USD (2023)
DESCRIPTION

Altisource Portfolio Solutions provides services to some of the most respected organizations in their industries, including one of the nation’s largest sub-prime servicers, government agencies and many lenders, servicers, investors, mortgage bankers, credit unions, financial services companies and hedge funds across the country. Altisource Portfolio Solutions was founded in 1999 and is based in Luxembourg City, Luxembourg.


DEAL STATS #
Overall 7 of 7
Sector (Information Services) 2 of 2
Type (Add-on Acquisition) 7 of 7
State (Colorado) 2 of 2
Country (United States) 7 of 7
Year (2015) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-13 Rentrange

Westminster, Colorado, United States

Rentrange LLC is a provider of rental home data and information to the financial services and real estate industries, delivering a wide assortment of address and geography level data, analytics, and rent-based valuation solutions for single and multi-family properties.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-29 Altisource Portfolio Solutions S.A. - Financial Services Business

United States

Altisource Portfolio Solutions S.A. - Financial Services Business is a provider of collections, customer relationship management and call center outsourcing for financial, retail credit, mortgage servicing, insurance, utility, and hospitality industries.

Sell $44M