30 Mar Second successful M&A transaction in Artificial Intelligence and Machine Learning in 2018
PriceHubble acquires Immolyze
Technology Return acted as exclusive transaction advisor to the investors and Immolyze.
Previously in 2018, Technology Return was advising a transaction in the area of “B2B Process Analytics through MS and AI”. A successful buy-out and subsequent capital increase by a blue chip company on the Forbes 500 list. (*transaction not disclosed)
This reinforces our claim to be one of the leading corporate finance advisors for innovative next-generation products in the digital industry.
For further questions on M&A or investment opportunities in the area of AI and MS, Next Generation Commerce, PropTech, FinTech, InsureTech, SportsTech, etc. please do not hesitate to contact us.
Press Release from 03/2018:
Zurich / Hamburg – PriceHubble, the Swiss real estate big data start-up, founded in 2016, with the goal of revolutionizing the valuation of real estate using state-of-the-art machine learning approaches, is acquiring 100 percent of the German YouVal GmbH, operator of the website immolyze.de, with immediate effect. PriceHubble, finalist of the Swiss Fintech Award 2018, is thus further accelerating the expansion of its business activities. In addition to its home market Switzerland, is now operating in two other European markets, France and Germany. Immolyze is like PriceHubble specialized in the development of digital real estate valuation solutions through MS and AI and is now PriceHubble Germany.