M&A Deal Summary

The Ben Kinney family of Co s Acquires ActiveRain

On June 19, 2015, The Ben Kinney family of Co s acquired internet software and services company ActiveRain from Zillow Group

Acquisition Highlights
  • This is The Ben Kinney family of Co s’ 1st transaction in the Internet Software and Services sector.
  • This is The Ben Kinney family of Co s’ 1st transaction in the United States.
  • This is The Ben Kinney family of Co s’ 1st transaction in Washington.

M&A Deal Summary

Date 2015-06-19
Target ActiveRain
Sector Internet Software and Services
Buyer(s) The Ben Kinney family of Co s
Sellers(s) Zillow Group
Deal Type Divestiture

Target

ActiveRain

Seattle, Washington, United States
ActiveRain Corp. is a provder of a social networking, blogging, and training platform for the real estate industry

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Buyer(S) 1

Buyer

The Ben Kinney family of Co s

United States

Category Company
Sector Software
DESCRIPTION

The Ben Kinney family of companies is a collection of real estate-related training and software companies, including Real Launch, Brivity and Blossor, as well as the technology firms Big Fresh and Tech Help. Kinney has been a licensed real estate professional for 11 years and leads nearly 1,000 agents in the real estate brokerages he owns and operates in the U.S. and the U.K.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 1

SELLER

Zillow Group

Seattle, Washington, United States

Category Company
Founded 2004
Sector Internet Software and Services
Employees6,856
Revenue 2.2B USD (2024)
DESCRIPTION

Zillow Group operates real estate and home-related information marketplaces on mobile and the Web, with a portfolio of brands and products to help people find information about homes and connect with local professionals. The Zillow Group portfolio of consumer brands includes real estate and rental marketplaces Zillow, Trulia, StreetEasy and HotPads. In addition, Zillow Group provides advertising services to real estate agents and rental and mortgage professionals, helping to create business opportunities and connect to consumers. Zillow also owns and operates brands that offer technology solutions to real estate, rental and mortgage professionals, including DotLoop, Mortech, Diverse Solutions and Retsly. Zillow Group was founded in 2004 and is based in Seattle, Washington.


DEAL STATS #
Overall 1 of 2
Sector: Internet Software and Services M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
State: Washington M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2015 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-28 Trulia

San Francisco, California, United States

Trulia is an online portal and destination for searching real estate listings for sale. In addition to providing search tools, Trulia offers marketing solutions for real estate brokers. The Company was formed in 2005 and is based in San Francisco.

Buy $3.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-22 DotLoop

Cincinnati, Ohio, United States

DotLoop is a company that simplifies real estate transactions by enabling brokerages, real estate agents, and their clients to share, edit, sign and store documents digitally.

Buy -