Mooveguru Acquires Relocator

Feb 08, 2023•over 2 years ago

Acquiring Company

Mooveguru, Inc.

Acquired Company

Relocator

AtlantaReal EstateMobile

Description

MooveGuru, the real estate and mortgage industry’s answer in a challenging market, today announced the acquisition of Relocator, an industry competitor, through an eight-figure transaction. The transaction adds, a full self-service utilities connection platform, contracts with 3 of the top 5 mortgage companies, 5,000 loan officers and 30,000 real estate agents and their clients to MooveGuru’s suite of platforms and positions the company as the leading provider of home services in America.

Company Information

Company

Mooveguru, Inc.

Location

885 WOODSTOCK RD.

Atlanta, Georgia, United States

About

MooveGuru Inc. is based in Roswell, GA. In 2016 the company launched a free mover engagement program to real estate agents and brokers with the idea of connecting home buyers and sellers to convenience and savings on moving services. Using just-in-time delivery through artificial intelligence algorithms, MooveGuru Inc. ensures consumers receive agent-branded savings and convenience from national and local retailers and utility connections as they step through the relocation process. Today, more than 2,000 brokerages, 316,000 agents, and millions of homeowners are connected to the MooveGuru and YourHomeHub platforms. Learn more at MooveGuru.com.

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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

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