M&A Deal Summary

Spectora Acquires HomeGauge

On April 1, 2025, Spectora acquired software company HomeGauge from American Family Mutual Insurance Co.

Acquisition Highlights
  • This is Spectora’s 1st transaction in the Software sector.
  • This is Spectora’s 1st transaction in the United States.
  • This is Spectora’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2025-04-01
Target HomeGauge
Sector Software
Buyer(s) Spectora
Sellers(s) American Family Mutual Insurance Co.
Deal Type Divestiture

Target

HomeGauge

Asheville, North Carolina, United States
HomeGauge is a home inspection software company that allows professional inspectors to create reports for real estate agents and home buyers. HomeGauge was established in 2001 and is based in Asheville, North Carolina.

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Buyer(S) 1

Buyer

Spectora

Denver, Colorado, United States

Category Company
Founded 2015
Sector Internet Software and Services
DESCRIPTION

Spectora is a technology company offering an all-in-one software platform tailored for home inspectors. The platform provides mobile and web-based tools for report writing, business management, scheduling, payments, and client communications, featuring modern, interactive reports appreciated by both inspectors and real estate agents. Spectora was formed in 2015 and is based in Denver, Colorado.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

American Family Mutual Insurance Co.

Madison, Wisconsin, United States

Category Company
Founded 1927
Sector Insurance
DESCRIPTION

American Family Insurance is a private mutual company that focuses on property, casualty and auto insurance, but also offers commercial insurance, life, health, and homeowners coverage, as well as investment and retirement-planning products.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: North Carolina M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-12 The General

Nashville, Tennessee, United States

The General is an insurance agency involved in writing automobile insurance in many states throughout the country. The agency offers auto insurance online underwritten by the following insurance companies: Permanent General Assurance Corporation (NAIC #37648), Permanent General Assurance Corporation of Ohio (NAIC #22906), and The General Automobile Insurance Company, Inc. (NAIC #13703). The General is based in Nashville, Tennessee.

Sell $1.7B