M&A Deal Summary

Zillow Group Acquires Trulia

On July 28, 2014, Zillow Group acquired internet software and services company Trulia for 3.5B USD

Acquisition Highlights
  • This is Zillow Group’s 7th transaction in the Internet Software and Services sector.
  • This is Zillow Group’s largest (disclosed) transaction.
  • This is Zillow Group’s 7th transaction in the United States.
  • This is Zillow Group’s 4th transaction in California.

M&A Deal Summary
Date 2014-07-28
Target Trulia
Sector Internet Software and Services
Buyer(s) Zillow Group
Deal Type Add-on Acquisition
Deal Value 3.5B USD
Advisor(s) Qatalyst Partners (Financial)
Wilson Sonsini Goodrich & Rosati
Goodwin Procter (Legal)

Target

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.

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Buyer(S) 1

Buyer

Zillow Group

Seattle, Washington, United States
Category Company
Founded 2004
Sector Internet Software and Services
Employees6,682
Revenue 1.9B USD (2023)
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 8 of 16
Sector (Internet Software and Services) 7 of 10
Type (Add-on Acquisition) 8 of 16
State (California) 4 of 5
Country (United States) 7 of 15
Year (2014) 2 of 2
Size (of disclosed) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-16 Retsly Software

Vancouver, British Columbia, Canada

Retsly is a provider of APIs for developing applications focused on MLS data within the real estate industry. Retsly was formed in 2013 and is based in Vancouver.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-19 ActiveRain

Seattle, Washington, United States

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

Sell -
Mergr

Product

Company

Legal