Add-on Acquisition • Software

RE/MAX Acquires wemlo

On September 1, 2020, RE/MAX acquired software company wemlo

Acquisition Context

This is RE/MAX’s 1st transaction in the Software sector.
This is RE/MAX’s 1st transaction in the United States.
This is RE/MAX’s 1st transaction in Florida.

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M&A Deal Summary
Date	September 1, 2020
Target	wemlo
Sector	Software
Buyer(s)	RE/MAX
Deal Type	Add-on Acquisition

Target Company

wemlo

Davie, Florida, United States

wemlo is a fintech company that provides third-party mortgage loan processing services. wemlo contract processing offers unparalleled speed, security, and efficiency, allowing MLO’s to increase productivity, manage bigger pipelines and grow their business to levels that were never before possible. wemlo was established in 2018 and is based in Davie, Florida.

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Buyer Overview 1

Buyer

RE/MAX

Denver, Colorado, United States

Category	Company
Founded	1973
Sector	Real Estate
Employees	536
Revenue	308M USD (2024)

DESCRIPTION

RE/MAX is a franchisor in the real estate industry, franchising real estate brokerages globally under the RE/MAX® brand, and mortgage brokerages within the U.S. under the Motto® Mortgage brand. RE/MAX was established in 1973 and is based in Denver, Colorado.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
State: Florida	1 of 1
Country: United States	1 of 1
Year: 2020	1 of 1

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