Urbanimmersive Acquires Agence Immophoto and Purchases Tours Virtuales Assets

November 24, 2021

Urbanimmersive Inc. acquired all outstanding shares of Agence Immophoto Inc. for a total purchase price of $500,000 (cash and shares) and also purchased the intangible assets of Mexican photography business Tours Virtuales for $22,000. The transactions expand Urbanimmersive’s real estate photography service footprint in Quebec and Mexico and bolster its offering of subscription-based 3D marketing and photography solutions.

Buyers
Urbanimmersive Inc.
Targets
Agence Immophoto Inc., Tours Virtuales (intangible assets)
Location
Quebec, Canada
Transaction Type
Buyout

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