Inside Real Estate Acquired By Lovell Minnick Partners
Salt Lake City-based Inside Real Estate, a developer of cloud-based real estate software, has been acquired by private equity investor Lovell Minnick Partners, the companies said last week. Inside Real Estate had previously been owned by another, private equity company, NexPhase Capital. Financial details of the transaction were not announced. According to Inside Real Estate, the major investment from Lovell Minnick Partners will help it with growth, to finance future acquisitions, and to help attract top talent. Inside Real Estate is led by CEO Ned Stringham. Inside Real Estate said it was advised by GCA in the deal, with legal counsel from Parr Brown Gee & Loveless; Lovell Minnick Partners was advised by Morgan, Lewis & Bockius.
posted on Monday, August 26, 2019
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