Exploreal: Scout24 Acquires Developer Database Provider
Deal News | Jan 22, 2025 | Aim Group
Germany-based real estate marketplace giant, Scout24, has successfully acquired Vienna-based real estate developer database firm, Exploreal. This acquisition aligns with Scout24's strategic expansion aspirations in the Austrian market, where it already operates ImmoScout24.at. Although the financial specifics of the deal remain undisclosed, the acquisition signals Scout24's ongoing commitment to strengthening its regional foothold and enhancing service offerings within the real estate sector. Founded in 2017 by Alexander, Exploreal specializes in providing comprehensive data solutions to real estate developers, a niche that Scout24 appears eager to capitalize on.
Sectors
- Real Estate
- Technology & Data
Geography
- Germany – Scout24, the acquiring company, is based in Germany, influencing the strategic decisions behind the acquisition.
- Austria – Exploreal is based in Vienna, Austria, and Scout24 operates ImmoScout24.at there, making Austria a key geographical focus for the transaction.
Industry
- Real Estate – The article involves Scout24 and Exploreal, both operating within the real estate sector, focusing on marketplace and developer database services.
- Technology & Data – Exploreal is a technology-oriented company providing database services, emphasizing the growing intersection of real estate with data analytics.
Financials
- – The financial details of the acquisition between Scout24 and Exploreal have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Scout24 | Acquiring Company | Company | Scout24 is a leading real estate marketplace company based in Germany, aiming to expand its services in Austria through this acquisition. |
| Exploreal | Target Company | Company | Exploreal is a Vienna-based provider of real estate developer database solutions, founded in 2017 by Alexander. |