Fidelity National Financial, Inc. announced today that FNF Group has signed a definitive agreement to acquire Commissions Inc. (CINC).

Fidelity National Financial, Inc. announced today that FNF Group has signed a definitive agreement to acquire Commissions Inc. (CINC).

According to the company announcement, Commissions Inc. is “the fastest-growing provider of an end-to-end SaaS CRM, lead generation and lead management software platform” for agents and teams.

CINC has more than 1,500 customers who collectively have closed more than 170,000 residential real estate transactions over the last twelve months, according to the announcement.

“We are excited to partner with CINC to bring value-added technology and services to our Realtor customers,” said FNF Chairman, William P. Foley, II, in the statement. “We plan to leverage FNF’s title sales force to proactively cross-sell the CINC product suite to our leading customers.

Duane LeGate, CEO of CINC, said “Joining FNF is a huge win … our clients get fresher, richer data with more access to actionable home buyers and sellers.”

The value of the transaction was not reported.

No SEC filings were found associated with the transaction, so it is unclear whether the transaction was material.

CINC was founded in 2011 with the promise of filling “a gaping hole in real estate technology,” according to its website.

“In a few short years and several thousand clients later, CINC has become the fastest growing real estate technology platform in the industry to date,” reads the website.

This is the first M&A deal in online real estate since the Market Leader sale last year.

Insiders say many others are in the works.

Email Brad Inman

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×