Divestiture • Information Services

REA Group Acquires Hometrack Australia Pty

On May 1, 2018, REA Group acquired information services company Hometrack Australia Pty from Hometrack Data Systems for 130M AUD

Acquisition Context
  • This is REA Group’s 1st transaction in the Information Services sector.
  • This is REA Group’s largest (disclosed) transaction.
  • This is REA Group’s 4th transaction in Australia.

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M&A Deal Summary

Date May 1, 2018
Target Hometrack Australia Pty
Sector Information Services
Buyer(s) REA Group
Sellers(s) Hometrack Data Systems
Deal Type Divestiture
Deal Value 130M AUD

Target Company

Hometrack Australia Pty

Sydney, Australia
Hometrack Australia Pty Ltd. is a provider of property data services to the financial sector. Its suite of products includes property data analytics and insights, customised data platforms and an Automated Valuation Model (AVM).
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Buyer Overview 1

Buyer

REA Group

Richmond, Australia

Category Company
Founded 1995
Sector Internet Software and Services
Employees3,418
Revenue 1.9B AUD (2025)
DESCRIPTION

REA Group is a global digital business specialising in property services that connects property seekers with agents, developers, and related service providers, offering data?driven insights, advertising solutions, and digital tools for the real estate industry. REA was founded in 1995 and is based in Richmond, Australia.


Deal Context for Buyer #
Overall 6 of 6
Sector: Information Services 1 of 1
Type: Divestiture 1 of 1
Country: Australia 4 of 4
Year: 2018 1 of 1
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-20 Casa

Milan, Italy

Casa is an online real estate portal that enables users to buy and sell residential​ properties. It supports approximately 14,000 real estate agents with over 1 million property listings on its website for prospective homeowners and sellers in Italy. Casa was founded in 1996 and is based in Milan, Italy.

Sell -

Seller Profile 1

SELLER

Hometrack Data Systems

London, United Kingdom

Category Company
Founded 1999
Sector Information Services
Revenue 16M GBP (2016)
DESCRIPTION

Hometrack Data Systems Ltd. is a provider of residential property market insights, analytics, valuations and data services to mortgage lenders and housing associations.


Deal Context for Seller #
Overall 1 of 1
Sector: Information Services 1 of 1
Type: Divestiture 1 of 1
Country: Australia 1 of 1
Year: 2018 1 of 1