Hubble: Pi Labs Portfolio Company Achieves Successful Exit
Deal News | Feb 27, 2025 | pi labs property innovation
Last month, Yardi completed the acquisition of Hubble, marking a successful exit for Pi Labs, a leading firm in proptech investments. This acquisition not only highlights the ongoing trend of cross-border M&A activity within the European proptech sector but also underscores Pi Labs' strategic prowess in nurturing high-potential startups through to successful exits. The acquisition signifies Yardi's commitment to expanding their presence and capabilities within the proptech arena. Hubble, a notable player in this sector, joins Yardi to enhance and extend the firm's technological offerings in real estate solutions.
Sectors
- Proptech
- Private Equity
- Real Estate
Geography
- Europe – The article discusses a cross-border M&A activity taking place in the European proptech sector, with Pi Labs based in Europe.
Industry
- Proptech – The article involves companies operating in the property technology sector, focusing on the technological advancements and innovation within the real estate industry.
- Private Equity – Pi Labs, a private equity firm specializing in proptech, is a central player in the context of the acquisition, highlighting the role of private equity in financing and growing innovative businesses.
- Real Estate – The acquisition of Hubble by Yardi focuses on technological solutions within the real estate industry, reflecting the sector's ongoing digital transformation.
Financials
- – The article does not provide specific financial details about the acquisition transaction between Yardi and Hubble.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Pi Labs | Private Equity Firm | Company | A venture capital firm specializing in proptech investments with a portfolio that includes Hubble. |
| Yardi | Acquiring Company | Company | A company that acquired Hubble, expanding its technological offerings in the real estate space. |
| Hubble | Target Company | Company | A proptech company that provides innovative solutions in the real estate sector, acquired by Yardi. |