Technology
Q2 2025
Real Estate Tech M&A Market Update
Real estate tech is rapidly evolving with booming AI adoption, widespread CRM use, a projected $42.1B hyper-personalization market by 2028, and robust valuations highlighted by major M&A deals.

Trends Driving M&A for Technology
Report Summary
The real estate technology sector is undergoing accelerated transformation, fueled by AI integration, mobile-first solutions, and rising investor appetite. AI adoption is projected to climb from 36% today to 90% by 2030, while CRM usage now exceeds 60% across the industry. Hyper-personalization is expected to reach a $42.1B market size by 2028, growing at a 17.9% CAGR. Meanwhile, public real estate tech firms are trading at median valuations of 7.5x revenue and 33.1x EBITDA, with recent M&A transactions reflecting this optimism—such as Matterport’s $1.9B acquisition at 10.9x revenue and Redfin’s $1.6B acquisition at 1.6x revenue.
Technology M&A TRENDS
Key Highlights
- Trends in Real Estate Tech
- Real Estate Tech Sector Valuation Environment
- Recent Real Estate Tech Transaction Activity
- Meridian Capital Technology Investment Banking Overview