La Rosa Holdings Announces Intent to Acquire Real Estate Brokerage Firm with Over 950 Agents and More Than $19.0 Million in Revenue for 2023
La Rosa Holding Company (LRHC)
Company Research
Source: GlobeNewswire
Celebration, FL, Sept. 17, 2024 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a holding company for six agent-centric, technology-integrated, cloud-based, multi-service real estate segments, today announced that it has entered into a non-binding Letter of Intent to acquire a real estate brokerage firm with over 950 agents and offices in multiple states. The firm also offers a proprietary cloud-based Software-as-a-Service (SaaS) platform tailored for real estate agents and generated more than $19.0 million in revenue for 2023. Joe La Rosa, CEO of the Company, commented, “This potential strategic acquisition aligns with our vision of advancing technology-driven real estate solutions, expanding our market presence, and providing agents with greater value through innovative, integrated platforms. If this acquisition is consummated, the brokerage firm's advanced SaaS platform would play a pivotal role in driving our continued innovation and valu
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LRHC
News
- La Rosa Holdings Announces Debt Restructuring; Conversion Rights Halted and Principal & Interest Payments Deferred Until February 2025GlobeNewswire
- La Rosa Holdings to Participate in iAccess Alpha Buyside Best Ideas Fall Conference 2024 on September 24 and 25, 2024GlobeNewswire
- La Rosa Holdings Onboards a Record 400 Plus Agents Since JuneGlobeNewswire
- La Rosa to Present at the H.C. Wainwright 26th Annual Global Investment Conference on September 10thGlobeNewswire
- La Rosa Holdings Corp Completes Acquisition of Nona Title Agency DBA Red Door TitleGlobeNewswire
LRHC
Sec Filings
- 9/20/24 - Form 8-K
- 9/17/24 - Form 4
- 9/10/24 - Form 144
- LRHC's page on the SEC website