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IBI Media -RoofandFloor acquisition

Founded in 2014, IBI Media Technologies Private Ltd focused on enabling high-intent discovery journeys for home buyers while delivering strong Return on Investment (RoI) for developers and channel partners. Its portfolio of city-specific real estate platforms which are optimised for web-search, serve thousands of users across South India.RoofandFloor.com is among India’s recognised digital real estate platforms and will henceforth operate as a separate, standalone vertical within the IBI Media Technologies Private Ltd’s portfolio. IBI Media Technologies, the company behind hyperlocal platforms ChennaiProperties.in, BengaluruProperties.com, CoimbatoreProperty.com, and HyderabadProperties.in, has announced the acquisition of the RoofandFloor brand from KSL Digital Ventures Limited, one of the companies of The Hindu group.Why is the acuistion of small companies on the rise lately ?

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