Actovia, a provider of New York City commercial real estate intelligence and data, has acquired Tel Aviv, Israel-based CrediFi, a data provider that operates on a national level for the same sectors.
Since its founding in 2009, Actovia has provided commercial real estate intelligence to banks, mortgage and real estate brokerage houses, investors, and managers. The acquisition of CrediFi, which was launched in 2014, enhances Actovia’s information-gathering capabilities and broadens the geographical scope of its operations.
“Actovia’s acquisition of Credifi helps fulfill our strategy of expanding our regional offerings to a national scale,” said Actovia founder and CEO Jonathan Ingber. “Our broadened capabilities now significantly extend the market leadership of Actovia’s analytics-enabled solution – and empower us to deliver greater value to banks and clients.”
CrediFi will effectively function as a “sister company” of Actovia. In the future, he said, Actovia may opt to merge CrediFi into its new parent company. The terms of the acquisition were not disclosed.
