Houlihan Lokey Advises BoomTown
Houlihan Lokey is pleased to announce that BoomTown ROI, LLC, has been acquired by Inside Real Estate, a portfolio company of Genstar and Lovell Minnick Partners.
Founded in 2006 and headquartered in Charleston, South Carolina, BoomTown is a leading end-to-end residential real estate technology platform for high-producing agent-teams and brokers, enabling a seamless workflow from lead to close. Nearly 100,000 of the industry’s top professionals and 40% of the RealTrends Top 250 teams trust BoomTown to grow their real estate business with easy-to-use technology that drives productivity, business intelligence, and growth. BoomTown’s software platform includes a customizable real estate website integrated with local MLS data, client success management, a cutting-edge CRM system, transaction management, commissions, and accounting software. BoomTown’s brands include some of the most trusted solutions in real estate, such as Brokermint, real estate’s leading back-office and transaction management software, and MyAgentFinder.
Inside Real Estate is a rapidly growing real estate software firm that serves as a trusted technology partner to more than 400,000 top brokerages, agents, and teams. Its flagship product, the kvCORE platform, is a comprehensive industry solution known for delivering profitable growth at every level of a brokerage organization. Built on a modern, scalable, and flexible architecture, kvCORE enables every brokerage to create its own unique technology ecosystem through custom branding, robust integrations, and high-quality add-on solutions.
Houlihan Lokey acted as exclusive financial advisor to BoomTown and assisted in all aspects of driving a successful transaction outcome. This assignment represents another transaction in the PropTech and vertical software sectors and further enhances the team’s extensive track record working with software, data, and tech-enabled services businesses across the PropTech ecosystem.