QuintoAndar Acquires Navent's Real Estate Operations to Strengthen Latin American Offering
December 27, 2021
QuintoAndar has acquired the real estate operations of Grupo Navent, including portals and SaaS products such as Zonaprop, Imovelweb, Inmuebles24 and Tokko Broker. The deal consolidates QuintoAndar's position across Latin America by combining its marketplace experience with Navent's portfolio of classifieds and broker tools to expand capabilities and improve services for brokers and consumers.
- Buyers
- QuintoAndar
- Targets
- Grupo Navent, Zonaprop, Imovelweb, Wimoveis, Union Softwares, Plusvalia, Compreoalquile, Adondevivir, Urbania, Inmuebles24, Tokko Broker
- Sellers
- Grupo Navent, Riverwood Capital (principal shareholder of Navent)
- Industry
- Real Estate
- Location
- Buenos Aires, Argentina
- Transaction Type
- Buyout
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