What's going on, Wealthbyters? Today, I've got two of the biggest CEOs in the real estate investing space.

I've got Jesse Burrell of Batch Data and Brian Tepfer of PropStream. And PropStream actually just paid multiple eight figures to acquire Batch. And we're going to talk about that acquisition. What is happening from it? Why they did it.

What's up, guys? thanks for having us on yeah so

jesse i mean i think you were on the podcast a couple of years ago yeah and we were talking

about the business and the market and um you know you guys finally sold yeah you know this week

and uh prop stream was the buyer which kind of makes sense with you know, this week. And PropStream was the buyer, which kind of makes sense

with, you know, you guys are in similar things. And I'm just curious why this deal came together.

So I've told this story a lot. I like to hear your version this time. Oh, my version. I think

your version, my version are very similar.

I like to go back to the beginning. So last year, I think there was October time frame,

his partner Evo reached out because they were interested in selling the batch data side.

They're selling us data, skip tracing data, because I know that's one of their objectives is to be a more

B2B market. And as we were talking, we floated an idea about acquisition or just, you know,

seeing what their future is as they're going into the space. And I think Jesse and I connected

maybe a week or two later. And jokingly, we said, you know, would you be interested in selling or buying?

And you're like, yeah, let's have a conversation.

And it just sort of evolved from that point.

I think what really in my mind, and we said this before, that really put the nail on the head with why it was so

important to do an acquisition or what the value was, is as we were looking at batch data

and the skip tracing, the conversation really was like, if we're going to do this, do we not

disclose that we are using batch skip tracing because is that a problem?

Do we lose a competitive advantage?

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