Represented AppFolio, Inc. (NASDAQ: APPF) in connection with its acquisition of Dynasty Marketplace, Inc., an advanced artificial intelligence technology provider for the real estate market, for a purchase price of $60 Million, subject to adjustments. The acquisition will help further develop and strengthen AppFolio’s AI products and services targeted at the real estate vertical market. Read the press release.
AppFolio, headquartered in Santa Barbara, is a leading provider of industry-specific, cloud-based software solutions for small and medium-sized businesses in the property management and legal industries.
The deal team representing AppFolio included Craig Carlson and Jason Lee.