FTHM - Fathom Holdings buys E4:9 Holdings for ~$26.75M stock and cash deal
Fathom Realty, a wholly owned subsidiary of Fathom Holdings (FTHM) has acquired E4:9 Holdings, a holding company with three operating subsidiaries serving the residential real estate sector: Encompass Lending Group, Dagley Insurance Agency, and Real Results.The deal value of ~$26.75M, consists of ~$10M in cash and $16.75M in common stock. The transaction is expected to close in 2Q21 and is expected to be immediately accretive.The addition of E4:9 Holdings will provide Fathom with new and significant incremental revenue streams.
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Fathom Holdings buys E4:9 Holdings for ~$26.75M stock and cash deal