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Agora completes acquisition of Clearshift's Real Estate Division to revolutionize cross-border payments

Jun 13, 2024over 1 year ago

Acquiring Company

Agora

Acquired Company

Clearshift

New YorkMt. LaurelReal EstateInternet ServicesCommerce and ShoppingFinancial Services

Description

Agora, a leading innovator in real estate investment management, has strategically acquired Clearshift's real estate division. This acquisition underscores Agora's commitment to revolutionizing the investment management landscape and streamlining cross-border payments between GPs and LPs for globally operating real estate firms. The integration of Clearshift's robust capabilities enhances Agora's platform to deliver greater value: streamlined and cost-effective international payments, setting a new standard in the industry.

Company Information

Company

Agora

Location

New York, New York, United States

About

Agora is the most comprehensive real estate investment management platform on the market. At Agora, we empower GPs, owners/operators, and real estate investment firms to scale their business effortlessly, foster strong investor relations, and ensure efficient and accurate financial operations. We do so by harnessing technology and automation together with in-depth real estate expertise to remove barriers across all facets of investment management, from fundraising and investor relations through reports to distributions and tax operations. Our team is made up of the most skilled professionals in their respective fields, including real estate, technology, and cybersecurity. We are dedicated to improving investment management and delivering the best possible experience to our customers and their investors. Grow with Agora, the best real estate investment experience.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed