WAV Group held a well-attended webinar last week on how to acquire real estate firms and creating a successful M&A Strategy. The panelists included: Larry Rideout, Chairman of Gibson Sotheby’s International Realty, Victor Lund, Founding Partner, WAV Group, and George Slusser who leads our M&A Advisory Division.
The predominant buzz in real estate this week was focused on successful and unsuccessful buyouts. On the successful side of buyouts, a talented team of managing executives from LPS was able to complete a buyout of non-MLS products and form a new company called RED, an acronym for Real Estate Digital. In a more straightforward buyout, CoreLogic purchased MLS provider Tarasoft, rolling that system under their Marketlinx brand. On the unsuccessful side of buyouts, the Arizona State Association of REALTORS was unsuccessful in its bid to purchase the shares of ARMLS, its first leg in a course to develop a [...]
