Walker & Dunlop, a US-based commercial real estate lender, announced that it has entered into a definitive agreement to acquire GeoPhy, The Hague-based commercial real estate technology company.

As per the agreement, the US company will acquire GeoPhy for $85M (approx €74.3M) in cash to be paid at closing, with an additional $205M (approx €180M) of cash earn-out. The transaction is expected to close during Q1, 2022.

Read more at Siliconcanals.com