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Lone Wolf announces strategic investment from Stone Point Capital to accelerate growth

Oct 23, 2020

Round Type

Corporate Round

CambridgeSoftwareReal EstateReal Estate InvestmentCommercial Real Estateinformation technology & services

Description

Lone Wolf Technologies ("Lone Wolf"), the North American leader in residential real estate software, today announced that funds managed by Stone Point Capital LLC ("Stone Point") will become Lone Wolf's lead institutional investor, powering the next phase of the company's growth. Stone Point was attracted to Lone Wolf because of the company's reputation as a leader and innovator in the real estate services industry, its track record of growth, and its future prospects. The Lone Wolf management team will remain with the company to execute on its strategic roadmap and continue to create a seamless digital experience for real estate brokers and agents throughout North America. The deal marks an exit for leading global technology investor Vista Equity Partners, which first invested in Lone Wolf in 2015 in partnership with Lone Wolf's founder, Lorne Wallace, and in 2016 made a follow-on investment in the business.

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Company Information

Company

Lone Wolf Technologies

Location

717 N Harwood St

Cambridge, Maryland, United States

About

Lone Wolf Technologies is the North American leader in residential real estate software, serving over 1.4 million real estate professionals across Canada and the U.S. With cloud solutions for agents, brokers, franchises, MLSs and associations alike, the company provides the entire real estate industry with the tools they need to amaze clients, build their business, and improve profits—from transactions to back office, insights, and more, all in one place. Lone Wolf's head offices are in Cambridge, ON and Dallas, TX. For more information, please visit www.lwolf.com.

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