Mergers & Acquisitions

SA&M Client HouseCanary Acquires Dropmodel

By April 2, 2020 No Comments

Stubbs Alderton & Markiles’ client HouseCanary, a real estate technology company offering the most accurate home valuations, has acquired Dropmodel, a technology startup with analytic and financial modeling solutions for the single-family real estate asset class. Additionally, Dropmodel Co-Founder Tom Blake has joined the HouseCanary team as Vice President of Investor Platform. This is the first acquisition for HouseCanary which recently closed a $65M Series C growth funding round.

To read the full press release visit here. 

Stubbs Alderton attorneys representing in this transaction were Caroline CherkasskyJared Brenner, and Greg Akselrud.

About HouseCanary:

Founded in 2013, valuation-focused real estate brokerage HouseCanary provides software and services to reshape the real estate marketplace. Financial institutions, investors, lenders, mortgage investors, appraisal management companies, and consumers turn to HouseCanary for industry-leading valuations, forecasts, and transaction-support tools. These clients trust HouseCanary to fuel acquisition, underwriting, portfolio management, and more. Learn more at www.housecanary.com.

For more information about our Venture Capital & Emerging Growth practice or our Mergers & Acquisitions practice, contact Caroline Cherkassky at ccherkassky@stubbsalderton.com or Greg Akselrud at gakselrud@stubbsalderton.com.