EXCLUSIVE: La Rosa To Acquire Real Estate Firm With 950 Plus Agents, Targets 4K Agents And Strong Growth
Portfolio Pulse from Anusuya Lahiri
La Rosa Holdings Corp (NASDAQ: LRHC) plans to acquire a real estate brokerage firm with over 950 agents, aiming to expand its agent base to 4,000 by year-end. The acquisition includes a SaaS platform and is expected to boost La Rosa's revenue to $100 million by 2024.
September 17, 2024 | 12:02 pm
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La Rosa Holdings Corp is acquiring a real estate firm with over 950 agents, including a SaaS platform, to expand its agent base and revenue. The acquisition aims to increase agents to 4,000 and project $100M revenue by 2024.
The acquisition is a strategic move to expand La Rosa's agent base and revenue. The inclusion of a SaaS platform is expected to enhance service delivery and innovation. The projected revenue growth and agent expansion are positive indicators for LRHC's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100