Trulia Buys Market Leader For $355M
San Francisco-based real estate site Trulia said this morning that it is acquiring Market LEader, a provider of customer relationship management (CRM) software for the real estate industry. Trulia said it would pay approximately $355M, or an implied price of $11.33 per share, for Market Leader. Market Leader is based in Kirkland, Washington. Trulia said it was advised by J.P. Morgan and Wilson Sonsini Goodrich & Rosati in the deal; Market Leader was advised by Perkins COie and GCA Savvian Advisors.
posted on Wednesday, May 8, 2013
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