1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. California >
  6. Lower Acquires Movoto

M&A Deal Summary

Lower Acquires Movoto

On May 13, 2025, Lower acquired information services company Movoto from Recruit Holdings

Acquisition Highlights
  • This is Lower’s 1st transaction in the Information Services sector.
  • This is Lower’s 2nd transaction in the United States.
  • This is Lower’s 1st transaction in California.

M&A Deal Summary
Date 2025-05-13
Target Movoto
Sector Information Services
Buyer(s) Lower
Sellers(s) Recruit Holdings
Deal Type Divestiture

Target

Movoto

San Mateo, California, United States
Movoto is an operator of a U.S. site that provides information on previously-owned real estate. Movoto was founded in 2005 and is based in San Mateo, California.

Search 208,006 Deals Now

SEARCH BY

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

Get Full Access What is Mergr?

Buyer(S) 1

Buyer

Lower

Columbia, Maryland, United States
Category Company
Founded 2014
Sector Internet Software and Services
DESCRIPTION

Lower operates a digital platform that meets customers both online through its website, and offline though its distributed retail branches. Lower was founded in 2014 and is based in Columbia, Maryland.

DEAL STATS #
Overall 2 of 2
Sector: Information Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-07 Neat Labs

United States

Neat Labs is a developer of a cutting-edge platform that streamlines the mortgage process from pricing to loan approval and closing. Neat Labs was founded in 2015 and is based in United States.

Buy -

Seller(S) 1

SELLER

Recruit Holdings

Tokyo, Japan
Category Company
Founded 1960
Sector Business Services
Employees51,373
Revenue 3.42T JPY (2024)
DESCRIPTION

Recruit Holdings is a global human resources and information services company. Recruit's HR services include temporary staffing, permanent placement, recruitment advertising, consulting, assessment and training. Recruit Holdings was formed in 1960 and is based in Tokyo, Japan.

DEAL STATS #
Overall 1 of 1
Sector: Information Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-21 51job

Shanghai, China

51job is a provider of integrated human resource services in China. With a comprehensive suite of HR solutions, 51job meets the needs of enterprises and job seekers through the entire talent management cycle, from initial recruitment to employee retention and career development. 51job was founded in 1998 and is based in Shanghai, China.

Buy $5.7B
Mergr

Solution for

Product

Company

Legal