USA – Buildout, a Chicago, IL-based developer of a commercial real estate (CRE) platform, acquired Oval Room Group, a national CRE visual media solutions company.
The amount of the deal, executed in conjunction with Buildout’s primary investment partner, The Riverside Company, who invested in the company in July 2020, was not disclosed.With the acquisition, Buildout will expand its offerings to include a single source for all visual media services, an important factor to property sales and leasing marketing campaigns.Led by Alex Taylor, CEO and founder, Oval Room Group is a national commercial real estate visual media solutions company that delivers dynamic visual experiences through immersive and innovative media. Its services boast fast turn-around times for the creation of stunning and impactful CRE visual media ranging from aerial visuals, photography, videography, concept plans, renderings, virtual tours and more. The company has completed over 2,000 projects representing over 250M square feet of commercial space and impacting over $100B in project value.Led by Kris Krisco, Buildout is the developer of a commercial real estate (CRE) platform used by one-third of brokers across North America to find, win, market and transact listings. The platform provides a hub that scales out to form an integrated, full-lifecycle deal-generation engine that powers research, prospecting, marketing, matchmaking, transaction management and deal closing. 13/01/2023
