Lone Wolf Real Estate Technologies has received a strategic growth investment from Vista Equity Partners. “The investment will support Lone Wolf as it pursues new market opportunities, expands product development efforts and solidifies its position as the largest provider of enterprise software for residential real estate brokerages in the United States and Canada,” says Lone Wolf in a news release.
“We are thrilled to be working with Vista, which has an impressive track record of investing in software providers across a variety of industries, including real estate,” says Lorne C. Wallace, CEO of Lone Wolf. “Our attraction was the resources and expertise they bring to help us expand our offerings, drive sustainable growth, and, most importantly, deliver additional value to our clients.”
Alan Cline, principal at Vista Equity Partners, says, “Significant market opportunity exists for their core back- and front-office brokerage solutions as many brokers still use manual processes and spreadsheet-based solutions to manage business operations. Based on our research, Lone Wolf’s solutions, which were specifically built for real estate professionals, do an incredible job helping customers better manage their operations and, as a result, create exceptional value for their owners and agents.”
