Fathom Holdings is continuing its acquisition spree with the purchase of E4:9 Holdings for $26.75 million, according to an announcement on Wednesday. Through the acquisition, Fathom Holdings will own mortgage, insurance and lead generation companies Encompass Lending Group, Dagley Insurance Agency, and Real Results.
The $26.75 million purchase price comprises $10 million in cash and $16.75 million in Fathom Holdings common stock. Certain E4:9 Holdings stockholders may also elect to accept additional shares of Fathom Holdings common stock in lieu of cash.
“It is one thing to find a wonderful and successful business to bring into our Fathom family, but to know that the leadership shares our drive, passion, values, and desire to serve others is encouraging and speaks volumes to why they have experienced such incredible success,” Fathom Chairman and CEO Josh Harley said.