We strive to help people fulfill two of life’s most important aspirations: Finding a job, finding a home.
Tiger Global took control of Bumeran and pumped more funds into the company, which allowed it to conduct several takeovers that doubled the geographic reach of the company and increased investments in major markets. Universobit.com and multitrabajos.com were acquired and Bumeran was launched in Peru. Tiger Global decided to expand its scope and entered the online real estate classifieds business.
The company increased its presence in Brazil through the acquisition of ImoveisCuritiba and enhanced its product supply by acquiring CRM and software solution providers for the real estate market. In late 2012, Riverwood became a shareholder of Navent after investing USD 30 MM. The fresh funds were used to expand the company’s operations in the region and to provide financial flexibility to develop new products.
Navent developed mobile apps for the entire region, integrated technical platforms and launched massive marketing campaigns to take advantage of market opportunities. The company also acquired Panama’s leading real estate site, CompreoAlquile.com, together with ConlaLlave.com (Venezuela) and Execuzone.com (Argentina).
Navent received a USD 20 MM investment from Riverwood Capital, which allowed the company to consolidate its regional leadership and accelerated the growth of its most important assets. Navent acquired Chile’s largest online job portal, Laborum.com, which allowed it to become a leader in yet another country, in addition to Argentina, Peru, Venezuela, Panama and Ecuador.
Navent expands with the acquisition of Tokko Broker, the number one Real Estate CRM in Argentina and Vive1 one of Ecuador’s leading real estate portals. Both acquisitions will encourage the development of innovative products for the real estate market and provide a better user experience.