La Rosa Holdings has entered into a non-binding Letter of Intent to acquire a real estate brokerage firm with over 950 agents and offices in multiple states. The firm also offers a proprietary cloud-based Software-as-a-Service platform tailored for real estate agents and generated more than $19.0 million in revenue for 2023.The consummation of the acquisition is subject to, and contingent upon, the execution of a definitive agreement and other related transaction documents by the parties, corporate approval and customary closing conditions. There can be no assurances that the acquisition will be consummated.
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