FTHM - Fathom acquires Utah-based iPro Realty Network

Fathom (NASDAQ:FTHM) acquired Utah-based iPro Realty Network, a full-service residential real estate brokerage company. The acquisition is expected to be immediately accretive. Other terms of the transaction were not disclosed. "Our new Utah agents will have full access to Fathom's proprietary cloud-based software, intelliAgent, along with our LiveBy platform, and will also benefit from having additional Fathom services to offer their clients," said Samantha Giuggio, COO, FTHM. Like Fathom, iPro Realty Network offered a scalable, flat-fee, 100% commission structure.

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Fathom acquires Utah-based iPro Realty Network