The Real Brokerage Inc. Acquires LemonBrew Lending
September 26, 2022
The Real Brokerage Inc. agreed to acquire LemonBrew Lending Corp. from LemonBrew Technologies Corp. for an aggregate purchase price of $1.25 million, payable in cash and Real common shares. The acquisition brings a tech-enabled mortgage platform and its CEO Samir Dedhia (with ~25 employees) into Real to expand its end-to-end home buying capabilities across the U.S.
- Buyers
- The Real Brokerage Inc.
- Targets
- LemonBrew Lending Corp.
- Sellers
- LemonBrew Technologies Corp.
- Industry
- Financial Services
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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