The Real Brokerage Inc. to Acquire LemonBrew Lending
September 26, 2022
The Real Brokerage Inc. signed an agreement to acquire LemonBrew Lending Corp., a tech-enabled home loan platform operating as a mortgage brokerage and licensed lender across 20 U.S. states. The deal is structured as a share purchase agreement for total consideration of $1.25 million ($800,000 in cash plus $450,000 in Real shares), with completion expected in the fourth quarter of 2022.
- Buyers
- The Real Brokerage Inc.
- Targets
- LemonBrew Lending Corp.
- Sellers
- LemonBrew Technologies Corp.
- Industry
- Cloud & SaaS
- Location
- United States
- Transaction Type
- Buyout
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