GCA becomes part of Houlihan Lokey

Transaction

Transaction Details

Closed
October 18, 2021

Sector

Software, Technology

Deal Type

Mergers and Acquisitions

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GCA Advises Remine on Its Sale to MLS Technology Holdings

GCA is pleased to announce our client, Remine, a leading MLS software platform, was acquired by MLS Technology Holdings, LLC, a consortium of four large MLSs dedicated to powering the next generation of technology for the MLS and real estate industry.

MLS Technology Holdings, LLC is comprised of four of the most progressive MLSs in diverse areas across the country, including ACTRIS MLS in Austin, First Multiple Listing Service in Atlanta, Heartland MLS in Kansas City, and MIAMI REALTORS®. The collaboration was born out of a shared desire to shape the future of the real estate industry through direct investment in the leading MLS technology company of tomorrow.

“MLSs have taken a backseat to advancing technology that serves our subscribers and consumers for far too long,” said Emily Chenevert, Chair for MLS Technology Holdings, LLC and CEO of the Austin Board of REALTORS® and ACTRIS MLS. “At a time when consolidation is occurring across the industry, this investment ensures Remine remains with a team that’s dedicated to keeping brokers and agents empowered in the real estate transaction, for the benefit of the consumers they serve.”

Since its inception in 2015, Remine has consistently reimagined the digital real estate journey by connecting consumers, agents, and lenders in one solution. Its powerful, intuitive suite of products – which include the Docs+ transaction management platform, Remine Pro, Remine Mobile, Add/Edit for single point of entry, Remine’s SSO dashboard, and MLS 2.0® – are defined by choice, clarity, and speed.

Remine’s services cover much of the U.S. real estate market, including nearly 60 MLS markets representing more than 1.2 million real estate professionals across the country.

This is GCA’s 10th PropTech transaction of 2021.

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