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)
- Industry
- Professional Services
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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