BAM Key Details:
- Inside Real Estate announced the acquisition of BoomTown on January 19, 2023.
- This adds to Inside Real Estate’s technology solutions, which includes the kvCORE Platform.
Inside Real Estate announced the acquisition of BoomTown today, stating,
Inside Real Estate and BoomTown share a common vision and passion for making real estate professionals more successful. By combining our two powerful teams, we can better serve the market and our customers.
Founded in 2006, BoomTown employs over 350 people and has over 100,000 clients. It offers technology packages that include lead generation, IDX websites, intelligent CRM, and lead management services—similar to the list of solutions provided by Inside Real Estate’s core product kvCORE.
I’m thrilled to welcome BoomTown to the Inside Real Estate family! I commend Grier and the BoomTown team for what they have built and accomplished with their clients over the past 15 years. Our companies share a common DNA that is focused on driving real results for every client, every day. Together, we will deliver an unmatched experience for every user from single agents, to top performing teams and mega teams, to robust national enterprise brands. Our #1 job is being a tech partner to our clients – this combination reinforces that commitment.
Grier Allen, CEO of BoomTown, echoed Skousen’s sentiment.
This is the first day of an exciting new chapter for BoomTown and our clients! Joining Joe and the talented Inside Real Estate team enables us to continue on our combined mission to serve the real estate industry with world class technology and services. With a clear vision for the future, we look forward to accelerating the pace of innovation to fuel our clients’ growth and success.
Inside Real Estate
The combined resources of BoomTown and Inside Real Estate will help the company deliver:
- The #1 front office experience for every user
- The first complete and modern back office suite
- Marketplace and tech partner ecosystem
- Industry leading home ownership solutions
To learn more about these offerings, visit Inside Real Estate.
This combination brings together significant capability to innovate as a true technology partner and support the needs of our customers. Our passionate, capable team is committed to leading the market with the features, products and solutions that drive agent, team, brokerage and enterprise brand success.
Skousen will remain CEO, with Allen stepping in as chief strategy officer and Nick Macey as president.
Stay tuned for updates on what this acquisition means for the industry.