Private equity firm Lovell Minnick Partners LLC is buying a majority stake in Inside Real Estate, which provides a software-as-a-service platform for the residential real estate market.
Financial terms of the transaction were not disclosed. Founded in 2008, Inside Real Estate provides software services to residential real estate brokers, teams and agents to manage home property buying and selling.
GCA acted as an exclusive financial adviser to Inside Real Estate in the transaction. Morgan Lewis & Bockius served as legal counsel to LMP, while Parr Brown Gee & Loveless served as counsel to Inside Real Estate.
