Fundz

Rocket Mortgage to acquire Redfin for $1.75 billion

PRIVATEMar 11, 2025

Acquiring Company

Rock.com Group, Inc.

Acquired Company

Redfin

Laguna HillsSeattleCommerce and ShoppingSoftwareReal EstateReal Estate InvestmentCommercial Real Estate

Description

Rocket Mortgage has announced its agreement to acquire Redfin in an all-stock deal valued at approximately $1.75 billion. The acquisition price per Redfin share is set at $12.50, providing a premium over their current trading price. This deal aims to integrate Redfin's real estate platform with Rocket's mortgage services, enhancing the home buying experience. The transaction is expected to create significant synergies and improve profitability.

Quick answer

Rock.com Group, Inc. is acquiring Redfin for $1.8 billion, announced March 11, 2025. Rock.com Group, Inc. is based in Laguna Hills, California, United States.

How much did Rock.com Group, Inc. pay for Redfin?
The reported deal value is $1.8 billion.
What does Rock.com Group, Inc. do?
Rocket Mortgage is a leading mortgage lender focusing on providing a seamless homeownership experience through innovative technology and operational excellence.
Where are Rock.com Group, Inc. and Redfin based?
Rock.com Group, Inc. is based in Laguna Hills, California, United States. Redfin is based in Seattle, Washington, United States.

Source: Fundz verified event record.

Other recent acquisitions in Commerce and Shopping and Real Estate

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Rock.com Group, Inc.

Location

23046 AVENIDA DE LA CARLOTA

Laguna Hills, California, United States

About

Rocket Mortgage is a leading mortgage lender focusing on providing a seamless homeownership experience through innovative technology and operational excellence.

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Frequently asked

Who acquired Redfin?

Redfin was acquired by Rock.com Group, Inc., based in Laguna Hills. The deal was reported on March 11, 2025. Rocket Mortgage is a leading mortgage lender focusing on providing a seamless homeownership experience through innovative technology and operational excellence. Rock.com Group, Inc. is privately held and operates in Commerce and Shopping.

When did Rock.com Group, Inc. acquire Redfin?

Rock.com Group, Inc.'s acquisition of Redfin was reported on March 11, 2025. Rocket Mortgage has announced its agreement to acquire Redfin in an all-stock deal valued at approximately $1.75 billion. The acquisition price per Redfin share is set at $12.50, providing a premium over their current trading price. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Redfin do?

Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, instant home-buying (iBuying), rentals, lending, title insurance, and renovations services. It is privately held, operating in Software, and is based in Seattle.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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