Zonda has acquired BuzzBuzzHome, a Toronto-based online real estate listings portal serving the new residential construction market.
The acquisition of BuzzBuzzHome follows the recent acquisition of Vancouver-based Urban Analytics earlier this month, which expanded Zonda’s data capabilities into the urban and multi-family markets.
BuzzBuzzHome, founded in 2009, provides both supply-side and demand-side services in the real estate market for new home developments. On the supply side, BuzzBuzzHome serves as a data-driven marketing tool for developers, brokerages and marketing agencies across the US and Canada. For consumers in terms of demand, BuzzBuzzHome provides access to information regarding new developments, including pricing, floorplans, renderings, associated builders and developers and other development-related information.
“This is a significant milestone for Zonda and a very positive way to transform our business going forward,” says Jeff Meyers, CEO of Zonda. “Bringing BuzzBuzzHome under our umbrella uniquely expands our presence in the Canadian market and we are excited about how this collaboration will continue to grow our offerings for our customers and the entire homebuilding industry.”
Read more/Source: Private Equity Wire
