AGC Partners is pleased to announce that its client, Zoocasa, a leading Canadian consumer real estate search portal and brokerage, has been acquired by eXp World Holdings. This acquisition will provide eXp with a top Canadian online lead generation, home search and listings portal with the technology and infrastructure to expand throughout North America and globally. With a team led by Jon Weibrecht and Charlie Schopp, AGC Partners acted as the sole financial advisor to Zoocasa. To view the announcement by eXp World Holdings, click here.
"It was a herculean feat to start a process in the frothy market of late 2021, and to finish it in the tough market of mid-2022 at a great valuation. Jon and the entire team at AGC dug into our operations, truly understood our strengths and weaknesses and expertly crafted the synergistic story and model that drove competitive tension from our best potential partners. Throughout the entire process, Jon and the AGC team put our long term interests as a company first and showed, through their words and actions, that they really cared about our entire team and about getting us the right deal for the next chapter in our evolution. The AGC team put their whole heart and soul into the deal for us and we could not be happier with the outcome."