|Acquisition Company||Supernova Partners|
Real Offerpad Zillow 3B 650McookGeekwire
Tech-based real estate company, Offerpad helps people to sell, buy and rent properties, apartment and houses planned to go public after a $3B deal with Supernova Partners.
The transaction was done in the third quarter of 2021. After going public the share value of Offerpad increased. The company has closed a revenue of $1.4 in 2021 and $1.1 billion in 2020. Offerpad’s competing companies are Redfin, Opendoor, and Zillow.
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Moreover, the share is available under the OPAD ticker. This year the company target to cross $3.9 billion. BlackRock and Zimmer Partners managed the funds and account of Offerpad.