Walker & Dunlop Acquires GeoPhy for $85 Million in Cash
February 7, 2022
Walker & Dunlop entered into a definitive agreement to acquire GeoPhy, a commercial real estate technology company, for $85 million in cash at closing plus up to $205 million in cash earn-out potential. The acquisition is intended to accelerate Walker & Dunlop’s technology capabilities across its lending, brokerage, and emerging businesses including Apprise (tech-enabled appraisal) and its small balance lending (SBL) platform.
- Buyers
- Walker & Dunlop
- Targets
- GeoPhy
- Industry
- IT Services
- Transaction Type
- Buyout
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