Fifth Wall Acquisition Corp. I (FWAA) to Combine with Smart Rent in $1.7Bn Deal

Fifth Wall Acquisition Corp. I (FWAA) to Combine with Smart Rent in $1.7Bn Deal

Apr 22, 2021 INTEL by Kristi Marvin
Fifth Wall Acquisition Corp. I (NASDAQ:FWAA) has entered into a definitive agreement to combine with Smart Rent, a smart home technology platform for property managers and residents at an enterprise value of $1.66 billion, or 4.4x its 2022E revenue multiple. Scottsdale, Arizona-based SmartRent is a proptech company that provides the real estate industry with deeply
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