M&A Deal Summary

REcore Acquires NorthstarMLS - Proprietary Technology

On February 22, 2024, REcore acquired real estate company NorthstarMLS - Proprietary Technology from NorthstarMLS

Acquisition Highlights
  • This is REcore’s 1st transaction in the Real Estate sector.
  • This is REcore’s 1st transaction in the United States.
  • This is REcore’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2024-02-22
Target NorthstarMLS - Proprietary Technology
Sector Real Estate
Buyer(s) REcore
Sellers(s) NorthstarMLS
Deal Type Divestiture

Target

NorthstarMLS - Proprietary Technology

Minnetonka, Minnesota, United States
NorthstarMLS's Proprietary Technology provides participating real estate brokers.

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Buyer(S) 1

Buyer

REcore

United States
Category Company
Sector Internet Software and Services
DESCRIPTION

REcore is an MLS SaaS (Software as a Service) and a data licensing organization.

DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

NorthstarMLS

Minnetonka, Minnesota, United States
Category Company
Founded 1987
Sector Real Estate
DESCRIPTION

NorthstarMLS provides participating real estate brokers and agents with fast and reliable access to the information and resources that make the real estate market function efficiently and effectively for both buyers and sellers. NorthstarMLS was founded in 1987 and is based in Minnetonka, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

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