Lightbox Announces Acquisitions Of Real Capital Markets And
Acquisitions Add Significant New Technology Capabilities, Data And Intelligence For Real Estate Professionals
NEW YORK, May 13, 2019 /PRNewswire-PRWeb/ -- Advancing
its mission to empower decision makers through every step of the
real estate workflow, LightBox today announced the acquisition of
two leading companies.
RCM and DMP join LightBox, a company whose objective is to provide real estate professionals with greater transparency, efficiency and insight at every decision point. LightBox was formed in 2018 when technology investment firms Silver Lake and Battery Ventures acquired EDR, the leading provider of environmental due diligence information. The EDR, Collateral360 and RIMS platforms are workflow software solutions for due diligence, appraisals and compliance. With RCM and DMP, LightBox adds important marketplace and location intelligence capabilities to its integrated set of solutions.
"We are very excited to add the new capabilities and talented teams from RCM and DMP to LightBox. We believe with the right intelligence, workflow software, industry data and analytics, the real estate decision-making process can be exponentially improved," said Eric Frank, Chief Executive Officer of LightBox. "We're partnering with our clients to connect key segments of the ecosystem – banks, brokers, environmental firms, land developers, builders, appraisers, buyers and more – to the right real estate technology, tools, information and to each other."...