RPM Investments Inc.
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RPM Investments Inc. - overview
Established
1996
Location
Los Angeles, CA, US
Primary Industry
Financial Services
About
RPM Investments Inc. specializes in providing escrow services and 1031 exchange solutions, facilitating seamless real estate transactions for investors and professionals across the United States. Founded in 1996 and headquartered in Los Angeles, US, RPM Investments Inc. offers escrow and 1031 exchange services.
The company was acquired by Opus Bank in January 2015 for USD 9. 2 million. The founder's specific history is not publicly detailed. RPM Investments Inc.
offers a comprehensive suite of escrow and 1031 exchange services tailored for real estate transactions. This includes commercial and industrial escrow services which ensure the secure handling of funds and documents. Additionally, they provide qualified 1031 exchange accommodator services, enabling clients to defer capital gains taxes on investment properties. Their clientele includes banks, brokers, title companies, and individual investors seeking specialized solutions.
RPM’s services extend to non-real property escrows, which involve agreements to hold funds or documents pending mutual instructions, serving clients nationwide. RPM Investments Inc. generates revenue through fees associated with the execution of transactions and management of funds in escrow and 1031 exchange services. Fees are determined by the complexity and size of transactions, with charges applicable for both escrow and 1031 exchange services.
The company also earns revenue from partnerships with brokers and real estate professionals who refer clients to their services. This collaborative approach supports client retention and repeat business. Looking ahead, RPM Investments Inc. plans to leverage the recent funding from the Add-on round led by Opus Bank to enhance its service offerings and expand into new markets.
The company aims to launch innovative products tailored for investors and professionals by the end of 2023. Additionally, RPM is targeting an expansion into the Midwest and Southeastern regions of the United States within the next two years, building upon its existing clientele to further increase its foothold in the escrow and real estate transaction sectors.
Current Investors
Opus Bank
Primary Industry
Financial Services
Sub Industries
Financial Services
Website
www.comescrow.com
Verticals
FinTech, Real Estate Tech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
RPM Investments Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| N/A | Completed | Vida at Health Village | - | ||||||||
| Add-on | Completed | RPM Investments Inc. | - |
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