Capital Markets

The placement agent in a $100 million private placement by Real Matters Inc.

BMO Nesbitt Burns Inc.
Expertise
Capital Markets
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Dov Begun

Partner, Tax, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

 

On April 1, 2016, Real Matters Inc., a leading real estate technology platform, completed a $100 million private placement of common shares. The financing was completed at a valuation of $653 million, and proceeds will be used to bring the company’s proprietary software and field agent management expertise to the US$10 billion market for mortgage title and closing services.

Real Matters, one of North America’s fastest-growing and most innovative technology companies, has a proprietary, cloud-based real estate technology platform and network of more than 100,000 qualified independent field agents. The company optimizes the management of critical, regulated real-estate processes such as appraisals, insurance inspections, title search and mortgage closings.

Osler, Hoskin & Harcourt LLP advised the placement agent on the private placement with a team that included Chad Bayne, Adam Gutkin, Justin Dharamdial (corporate/securities) and Dov Begun (tax).

Value
$100 million
Date Closed
April 1, 2016
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Dov Begun

Partner, Tax, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto