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  5. Reapit Acquires Console

M&A Deal Summary

Reapit Acquires Console

On March 16, 2022, Reapit acquired software company Console

Acquisition Highlights
  • This is Reapit’s 3rd transaction in the Software sector.
  • This is Reapit’s 2nd transaction in Australia.

M&A Deal Summary
Date 2022-03-16
Target Console
Sector Software
Buyer(s) Reapit
Deal Type Add-on Acquisition

Target

Console

South Brisbane, Australia
Console is a provider of Property Management and Trust Accounting software in Australia and New Zealand, with over 2,800 real estate agencies relying on their software. Console’s flagship product, Console Cloud, is the fastest-growing property management Software as a Service (SaaS) platform, with more than 2,000 businesses on the platform. Console was founded in 1992 and is based in South Brisbane, Australia.

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Buyer(S) 1

Buyer

Reapit

Solihull, United Kingdom
Category Company
Founded 1997
Sector Software
Employees130
DESCRIPTION

Reapit is a software provider to estate agents and lettings agents. Its combined CRM platform (RPS) for sales, lettings, property management and client accounts has won numerous industry accolades. Reapit has underpinned its software with a strong service and training ethos which has helped to attract and retain many brands including: countrywide, savills, knight frank, romans, marsh & parsons, CBRE and Winkworth to name just a few. Reapit was founded in 1997 and is based in Solihull, United Kingdom.

DEAL STATS #
Overall 4 of 4
Sector: Software M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Australia M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-19 Mindworking

Aarhus, Denmark

Mindworking is a provider of estate agency and marketing technology that provides software systems, solutions and tools for the real estate agency business based on deep business insights and dialogues with main real estate agency partners combined with expert know-how about technological applications available in the market or invented internally. Mindworking is based in Aarhus, Denmark.

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