M&A Deal Summary

HouseCanary Acquires Dropmodel

On April 2, 2020, HouseCanary acquired internet software and services company Dropmodel

Acquisition Highlights
  • This is HouseCanary’s 1st transaction in the Internet Software and Services sector.
  • This is HouseCanary’s 1st transaction in the United States.

M&A Deal Summary

Date 2020-04-02
Target Dropmodel
Sector Internet Software and Services
Buyer(s) HouseCanary
Deal Type Add-on Acquisition

Target

Dropmodel

United States
Dropmodel is a web-based real estate financial modeling, analysis, and presentation application that includes a suite of smart, flexible models, calculators, and tools for the single-family real estate sector. Dropmodel was founded in 2015 and is based in the United States.

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Buyer(S) 1

Buyer

HouseCanary

San Francisco, California, United States

Category Company
Sector Software
DESCRIPTION

HouseCanary, Inc. provides software and services to reshape the real estate marketplace. Financial institutions, investors, lenders, mortgage investors, appraisal management companies, and consumers turn to HouseCanary for industry-leading valuations, forecasts, and transaction-support tools. HouseCanary was founded in 2013 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1