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M&A Deal Summary

RE/MAX Acquires First

On December 18, 2019, RE/MAX acquired information technology company First

Acquisition Highlights
  • This is RE/MAX’s 1st transaction in the Information Technology sector.
  • This is RE/MAX’s 1st transaction in the United States.
  • This is RE/MAX’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2019-12-18
Target First
Sector Information Technology
Buyer(s) RE/MAX
Deal Type Add-on Acquisition

Target

First

Durham, North Carolina, United States
First is a technology company that leverages data science, machine learning and human interaction to help real estate professionals better leverage the value of their personal network. First is based in Durham, North Carolina.

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Buyer(S) 1

Buyer

RE/MAX

Denver, Colorado, United States
Category Company
Founded 1973
Sector Real Estate
DESCRIPTION

RE/MAX is the world’s leading franchisor of residential real estate brokerage services. The Company oversees a network of more than 92,000 agents in more than 75 countries. RE/MAX's fixed fee-based business model and strong brand consistently attract the most experienced and productive real estate agents.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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