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 Reports 155% Year-Over-Year Increase in Revenue to $51.7 Million for the First 9 Months of 2024; Surpassing Initial Revenue Guidance by Approximately $6.7 Million [Yahoo! Finance]Yahoo! Finance
- La Rosa Holdings Reports 155% Year-Over-Year Increase in Revenue to $51.7 Million for the First 9 Months of 2024; Surpassing Initial Revenue Guidance by Approximately $6.7 MillionGlobeNewswire
- La Rosa Holdings Corp. Acquires 100% Ownership of La Rosa Realty Premier Franchisee with Approx. $2.09 Million in Revenue and Positive Net Income for 2023GlobeNewswire
- La Rosa Holdings to Unveil Proprietary Technology Advancements at Growth Summit 2024GlobeNewswire
- La Rosa Holdings Reports Preliminary 9-Month Revenue for 2024 of Approximately $45 Million, Reflecting 120% Year-Over-Year GrowthGlobeNewswire
LRHC
Sec Filings
- 11/19/24 - Form 10-Q
- 11/14/24 - Form 8-K
- 11/13/24 - Form NT
- LRHC's page on the SEC website