William Blair acted as exclusive financial advisor to Zonda, a portfolio company of MidOcean Partners (MidOcean), in connection with its acquisition of Builders Digital Experience (BDX). The transaction closed on March 1, 2024.
About the Companies
Zonda is the leading provider of data-driven housing market solutions for the homebuilding industry. The company has been acquisitive in the space to expand its offerings, including new listing sites, AI technologies, and additional data assets. Zonda plans to continue its position as the leading provider of data while complimenting it with end-to-end offerings to reshape how new homes are bought and sold.
MidOcean Partners Private Equity business was formed in 2003 to invest in middle-market companies where the firm’s substantial strategic and operating expertise can bring transformative growth. MidOcean has invested prudently for over 20 years, partnering with strong management teams to establish a leading track record in middle-market private equity investing.
BDX is a leading provider of digital marketing and sales solutions for home builders. The company’s flagship website, NewHomeSource.com, is the largest new construction home listings platform in the U.S. which provides new listings to hundreds of real estate websites, offers digital sales solutions (e.g., interactive floor plans), and gathers a deep and rich repository of new home data through its products.
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