Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or “the Company”) is pleased to announce that it has signed a non-binding letter of intent (“LOI”) to acquire Benutech, Inc. (“Benutech”), a preeminent source of innovative data solutions and technology applications for real estate professionals (the “Acquisition”).
“This acquisition is strategically aligned with the Voxtur model of providing user-friendly SaaS tools designed to give real estate finance companies better control of their data,” said Gary Yeoman, CEO of Voxtur. “Benutech’s strong performance as evidenced by historical recurring revenue demonstrates the confidence that clients have in the transformative Benutech platform.”
With one of the largest repositories of real-time property data in the United States, Benutech enables title professionals and real estate agents to access real property data from multiple public and private data sources. Benutech’s primary applications, Title Toolbox and ReboGateway, are intended to not only create efficiencies for clients, but also provide advanced warning of changing market conditions.
“Benutech’s data repository would further expand the depth and breadth of Voxtur’s data store, making it one of the most comprehensive real property data stores in the market and the only validated, customizable repository built on an end-to-end, secure AI-optimized platform,” said Jim Albertelli, President of Voxtur.