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Inspectiongo (Igo) Announces $5.5 Million Series A And The Acquisitions Of Repair Pricer And Homebinder

Jul 19, 2023•almost 2 years ago

Acquiring Company

InspectionGO

Acquired Company

Repair Pricer

Tyrone

Description

InspectionGo (iGo), the leading provider of cutting-edge technology and services that helps independent home inspection companies be successful by unlocking the full value of home inspections for homeowners and real estate investors, today announced it has closed a $5.5 million Series A funding round. The company also announced the strategic acquisitions of Repair Pricer and HomeBinder, moving iGo closer to its vision of providing home inspectors with a seamless platform to manage their business and extending the value of a home inspection throughout home ownership.

Company Information

Company

InspectionGO

Location

Tyrone, Pennsylvania, United States

About

iGo powers the nation's largest network of home inspectors with technology that modernizes the inspection process. We also operate a contact center, a training academy, and a coaching community that includes many of the largest inspection companies in the U.S.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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