Real Matters to raise at least $100 mln in fall IPO: Reuters

Real Matters, a Canadian provider of real estate industry data, is looking to raise at least $100 million in an initial public offering this fall that could value the company at close to $1 billion, sources told Reuters. The Markham, Ontario-based company could raise as much as $200 million, but a decision will be made closer to the listing date, likely in September or October, the sources said. The move comes after Real Matters in April raised $100 million in equity through a private placement. The investors in that round included Canadian venture capital firm Whitecap Venture Partners.

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