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Lone Wolf and Updater Form First-of-Kind Strategic Partnership

August 28 2019

Partnership connects the nation's leading transaction management solutions to the nation's leading moving app for an unrivalled client experience

CAMBRIDGE, ON (August 27, 2019) -- Lone Wolf Technologies, the North American leader in residential real estate technology, and Updater, the nation's leading relocation technology provider, today announced a partnership between their two organizations. This partnership will connect Lone Wolf's transaction management solutions, zipForm® Plus and TransactionDesk, to the Updater platform and create an unrivaled client experience for buyers and sellers moving into new homes.

Real estate brokerages and agents will enable this integration directly within their transaction solution. Property information will sync between the two companies' programs and invite buyers and sellers to create an Updater account. With Updater, home buyers and sellers enjoy a simplified moving experience, while brokerages and agents differentiate their client offering.

"We're thrilled to announce our partnership with Updater and bring this helpful service to our mutual customers," said Jimmy Kelly, CEO of Lone Wolf. "This partnership further expands Lone Wolf's technology ecosystem and represents another step forward in our mission to simplify the real estate experience for all. With an integration between our industry-leading transaction solutions and Updater's state-of-the-art moving app, we're able to help real estate agents and brokerages across the country deliver an unmatched client experience."

Updater is a relocation platform that streamlines the moving process for millions of home buyers and sellers annually. The company creates a personalized moving experience based on each client's unique move. Services include mail forwarding, TV and internet installation, reserving a moving company, hooking up utilities, securing insurance, updating addresses, and more. Updater is offered by thousands of real estate brokerages and agents to provide added value to their clients before, during, and after the transaction.

"This is an exciting announcement for the many brokerages that use Lone Wolf technology," said David Greenberg, Founder and CEO of Updater. "Today's real estate transaction extends beyond the transaction itself and into relationship-building value adds for clients. We're thrilled to be able to provide such an add at one of the most stressful points in the transaction, the move."

Lone Wolf is the real estate industry's top technology provider, serving over 1.4 million agents, 20,000 offices, and 1000 MLSs and Associations in North America with its core solutions, zipForm® Plus, zipTMS®, TransactionDesk, and brokerWOLF. These solutions feature a comprehensive set of brokerage focused features designed to speed up and simplify transaction, document, and back office and accounting management. Its ecosystem, meanwhile, comprised of front office, website, CRM, title, and ancillary services solutions, enables the company to simplify the entire real estate experience. Updater, the latest addition to this ecosystem, will provide Lone Wolf's massive customer base with yet another tool to better serve their home buyers and sellers.

About Lone Wolf Technologies

Lone Wolf Technologies, a Vista Equity Partners portfolio company, is the North American leader in residential real estate software, serving over 1.3 million real estate agents, 20,000 offices, 9,000 brokerages, and 1000 MLSs and Associations across Canada and the U.S. The company offers an ecosystem of technology products designed to simplify the entire transaction process, including software for back office and transaction management. Each element of this ecosystem enables brokerages, agents, MLSs, and associations to operate more efficiently, reduce costs, and increase opportunities for profitability. Lone Wolf's head office is located in Cambridge, ON, with additional offices in Dallas, TX, London, ON, and Fraser, MI.

About Updater

Updater is the nation's leading relocation technology platform designed to make moving easier for the 45 million Americans that relocate every year. Updater helps users seamlessly connect TV and internet, secure insurance, update accounts, connect utilities, forward mail and more. From real estate brokerages to multifamily and relocation companies, Updater's proprietary relocation technology platform has become an industry standard, enabling a personalized and trusted all-in-one app for the relocation process.

Headquartered in New York City, Updater has raised nearly $100 million from leading investors, including Fidelity International, SoftBank Capital, IA Ventures, Commerce Ventures, Second Century Ventures (the strategic investment arm of the National Association of REALTORS®), and more. For more information, please visit www.updater.com.