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  6. LRES Acquires Keystone Asset Management

M&A Deal Summary

LRES Acquires Keystone Asset Management

On August 23, 2021, LRES acquired business services company Keystone Asset Management

Acquisition Highlights
  • This is LRES’s 1st transaction in the Business Services sector.
  • This is LRES’s 2nd transaction in the United States.
  • This is LRES’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2021-08-23
Target Keystone Asset Management
Sector Business Services
Buyer(s) LRES
Deal Type Add-on Acquisition

Target

Keystone Asset Management

Lansdale, Pennsylvania, United States
Keystone Asset Management is a provider of Property Valuations, REO Asset Management, Property Tax Consulting, Property Preservation, and Insurance services. Keystone Asset Management is based in Lansdale, Pennsylvania.

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Buyer(S) 1

Buyer

LRES

Orange, California, United States
Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

LRES Corp. is a national appraisal and REO asset management company providing residential and commercial property valuation and asset management IT services for the mortgage banking, credit union and real estate industries.

DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-13 InsideValuation Partners

Reno, Nevada, United States

InsideValuation Partners LLC is a provider of commercial and residential valuation solutions.

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