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PropStream Announces Acquisition of Batch Leads and Batch Dialer, Enhancing its AI-Powered Real Estate Data and Lead Generation Solutions

1. PropStream acquires Batch Leads to enhance real estate data tools. 2. Acquisition creates a comprehensive ecosystem for real estate professionals. 3. Enhanced tools will improve lead targeting and outreach methods. 4. Stewart's CEO emphasizes commitment to customer value and innovation. 5. PropStream empowers users to close deals more efficiently.

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$65.6607/07 11:20 AM EDTEvent Start
$64.6107/08 05:43 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition is expected to enhance service offerings, potentially leading to increased profitability and market share, which historically boosts stock prices post-acquisition.

How important is it?

The integration of services could significantly enhance PropStream's market position, positively influencing STC's valuation in the real estate sector.

Why Short Term?

Market reaction to acquisitions is typically immediate, with potential buzz impacting stock price within weeks to months post-announcement.

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-Acquisition allows PropStream to deliver an all-in-one property intelligence ecosystem for real estate professionals by combining two innovative, leading platforms HOUSTON--(BUSINESS WIRE)--PropStream, a leading real estate data and analytics platform and company in the Stewart Information Services Corporation family of companies (NYSE: STC), today announced its acquisition of Batch Leads and Batch Dialer, a premier AI-powered lead generation and marketing platform for real estate professionals and investors.The acquisition allows PropStream to deliver an all-in-one property intelligence ecosystem for real estate professionals by combining two innovative, leading platforms.Share This strategic investment unites PropStream’s robust property data engine and marketing tools with Batch Leads’ advanced AI-driven tools and contact dialer. The resulting unified solution will allow PropStream to build upon the innovative suite of products already offered to customers of both companies into a seamless, future-ready ecosystem for real estate professionals. Users of both PropStream and Batch Leads will gain access to best-in-class nationwide data intelligence, enhanced lead targeting and a unified outreach platform via voice, email and direct mail, all under one roof. This enables direct communication with property owners, helping users make faster, more informed outreach decisions while enhancing future-ready automation tools to accelerate their deal pipelines. “We continue to look for ways to add value for our customers across the entire real estate market, and the acquisition of Batch Leads marks another important milestone in our commitment to delivering innovative tools to our customers while focusing on seamless integrations and ease-of-use,” said Fred Eppinger, CEO of Stewart. “By combining these platforms, we will equip real estate professionals with even more tools to easily uncover new opportunities while accelerating their lead pipelines, allowing them to drive better outcomes in a competitive market.” “This acquisition is about providing the best tools and experience to our customers,” said Brian Tepfer, President of PropStream. “We are empowering real estate professionals with an unparalleled advantage by uniting the robust capabilities of PropStream and Batch Leads into an all-in-one real estate data and lead generation solution, helping investors, agents, and wholesalers close more deals with greater efficiency.” The newly integrated solution sets a new industry standard for intelligent, innovative, end-to-end lead generation by delivering unparalleled data and accelerated outreach to real estate professionals and investors, ultimately empowering them to seek out the best deal possible within a single ecosystem. Learn more at propstream.com. About Stewart Stewart (NYSE-STC) is a global real estate services company, offering products and services through our direct operations, network of Stewart Trusted Providers™ and family of companies. From residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage industry, we offer the comprehensive service, deep expertise and solutions our customers need for any real estate transaction. At Stewart, we are dedicated to becoming the premier title services company and we are committed to doing so by partnering with our customers to create mutual success. Learn more at stewart.com. About PropStream PropStream, a Stewart Company, is the leader in multi-sourced data aggregation, allowing real estate professionals to get the most targeted leads. In business since 2006, PropStream has data for over 160 million properties nationwide. New enhancements (PropStream Intelligence) utilize the power of Predictive Real Estate Data to pave the way for new features, proprietary AI predictive analytics, and thousands of filtering combinations (including 20 Lead Lists). PropStream helps real estate professionals find the best off-market leads and market to them in the least amount of time. PropStream was acquired by Stewart Information Services Corporation Technology Holdings (NYSE:STC) in November 2021 and has been named a HousingWire Tech 100 Honoree five years in a row since 2021. More News From PropStream

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