Ambac Financial Group Inc. (NYSE: AMBC), a financial services holding company, has acquired a majority stake in Riverton Insurance Agency Corp., a New Jersey-based insurance services business consisting of a managing general agent (MGA) and a retail agency. Riverton’s...
Luxury Presence, a Los Angeles-headquartered proptech startup, has launched a new mobile platform for real estate agents. The company’s new Presence Copilot provides real estate professionals with an AI-powered mobile assistant that helps agents prepare for meetings,...
Zillow Group (NASDAQ:Z, ZG) has acquired Aryeo, a Boston-headquartered real estate media software and content management platform for photographers and media companies. Aryeo was founded in 2019 by former real estate photographers Branick Weix, Matthew Michalski and...
Strategy is defined as “a plan of action or policy designed to achieve a major or overall aim.” In this market, or any other market for that matter, you must be deliberate. What do I mean? You can’t just purchase a new piece of technology and expect that your business...
Black Knight Inc. (NYSE: BKI) is selling its Optimal Blue business to a subsidiary of the Canadian-based Constellation Software Inc. (TSX: CSU) for $700 million. The structure of the proposed transaction includes a payment by Constellation of $200 million in cash,...
Farmers Business Network Inc., an agtech platform and farmer-to-farmer network headquartered in San Carlos, California, has introduced AcreVision, a platform designed to provide farmers with property information when making land purchases. According to the company,...