Idealista.com, the leading real estate vertical in Spain, has completed its acquisition of data firm Tercero B. It paid €1.9 million ($2.1 million U.S.) for the remaining 24 percent of the company, which will now be fully integrated into Idealista Data.
The acquisition process began in 2015 when Idealista bought 35 percent of Tercero B’s shares for €250,000. It purchased another 41 percent of the company’s shares in 2018, bringing its total investment to around €1.3 million.
TerceroB was founded by Daniel del Pozo (LinkedIn profile) and Daniel Pardo (LinkedIn profile) in 2013. It offers detailed property data to both private individuals and companies. Pardo is now CEO of Idealista Data and Del Pozo is COO.