Inside Real Estate secures an additional financial partner, Genstar Capital – RISMedia
Inside Real Estate recently announced that it has received a strategic growth investment from Genstar Capital (“Genstar”), a leading private equity firm focused on investments in targeted segments of the software, industrials, financial and health services.
Genstar joins Inside Real Estate’s existing financial partner, Lovell Minnick Partners (âLovell Minnickâ), bringing together substantial combined capital to support the continued growth and innovation of Inside Real Estate. Through its flagship platform, kvCORE, and complementary solutions, such as its recently announced CORE house, Inside Real Estate ensures that brokerages can deliver a modern and technological experience throughout the lifecycle of home ownership. ownership, according to the company.
âWe are very pleased to announce the addition of Genstar Capital as a financial partner, alongside our longtime partner, Lovell Minnick Partners,â said Joe Skousen, CEO of Inside Real Estate, in a statement. âIt’s more important than ever for brokerage firms to have top-notch technology solutions that integrate seamlessly, generate profitable growth, and help them build lifelong clients. We take our responsibility as a technology partner very seriously and know that our financial partners support this strategy 100%. We’re here to create the best technology in real estate and bring together the resources to help our clients thrive.
âThese world-class financial partners reinforce our vision to be the most innovative and aligned technology partner for brokers, teams and agents,â said Nick Macey, president of Inside Real Estate, in a statement. âWe know that our success is driven by the success of our customers, and Genstar and Lovell Minnick are aligned with our goal of bringing market-leading products and innovations to help our customers compete and win as the real estate landscape continues to evolve. “
âInside Real Estate powers some of the fastest growing real estate brokerages and brands. Their commitment to delivering measurable results for their clients is evident in their continued growth and success, âsaid Rob Clark, director of Genstar Capital, in a statement. âThe team, led by Joe Skousen and Nick Macey, has truly demonstrated the value of a trusted technology partner in the residential real estate market, and we are excited to support the company’s future growth plans,â both organic and by acquisition.
âThroughout Lovell Minnick’s partnership with Inside Real Estate, we have continued to be impressed with the company’s commitment to providing innovative solutions that allow clients to stay ahead of the ever-changing real estate market. evolution, âsaid John Cochran, partner at Lovell Minnick. , in a report. âWe look forward to continuing our partnership with Inside Real Estate and working with Genstar to provide the resources necessary to deliver the best experience for Inside Real Estate clients. “
Jefferies LLC has been the exclusive financial advisor to Inside Real Estate. Kirkland & Ellis LLP was legal counsel to Genstar Capital, while Morgan Lewis & Bockius was legal counsel to Inside Real Estate.
For more information, please visit www.insiderealestate.com.