Goodmans, Hodgson Rep Altus In $130M Software Buy

Law360, New York (April 12, 2011, 4:14 PM EDT) -- Real estate solutions company Altus Group Ltd. said Tuesday it would buy Realm Solutions Inc., the owner of a software platform called Argus Software Inc., from private equity firms Lightyear Capital LLC and Insight Venture Partners for $130 million.

Altus, based in Toronto, said it would it would combine the Houston-based Argus's software with its proprietary data stores to create a new platform offering clients commercial real estate data and analytics.

Altus will be in a position to deliver a valuable suite of products and services...
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