Business
La Rosa Holdings Provides Update on Proposed Consensus Core Transaction Anticipates Definitive Agreements Within 45 to 60 Days, Subject to Customary Conditions
Celebration, FL, May 14, 2026 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech enterprise,
About this update from La Rosa Holdings Corp.
[{"type":"text","content":"Celebration, FL, May 14, 2026 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech enterprise, today provided an update regarding its previously announced proposed transaction with Consensus Core Technologies Inc. (“Consensus Core”). The Company reported that the transaction process continues to progress, with both parties actively engaged in due diligence and the negotiation of definitive transaction documentation. Joe La Rosa, Chief Executive Officer of La Rosa Holdings, commented, “We are pleased with the continued progress of the proposed Consensus Core transaction and remain encouraged by the strategic opportunities it may create for both organizations. While the previously announced letter of intent remains non-binding and there can be no assurance that a definitive agreement will be executed or that the transaction will ultimately be consummated, we currently anticipate entering into definitive agreements within the next 45 to 60 days, subject to customary approvals and closing conditions.” Further updates regarding the proposed transaction will be provided as developments warrant and in accordance with applicable disclosure obligations. About La Rosa Holdings Corp. La Rosa Holdings Corp. (Nasdaq: LRHC) intends to transform the real estate industry by providing agents with flexible compensation options, including a revenue-sharing model or a fee-based structure with 100% commission. Powered by its proprietary technology platform, La Rosa aims to equip agents and franchisees with the tools they need to deliver exceptional service. The Company offers both residential and commercial real estate brokerage services, as well as technology-driven products and support for its agents and franchise partners. Its business model includes internal services for agents and external offerings for the public, spanning real estate brokerage, franchising, education and coaching, and property management. La Rosa operates 24 corporate-owned brokerage offices across Florida, California, Texas, Georgia, and Puerto Rico. La Rosa also started its expansion into Europe, beginning with Spain. Additionally, the Company has five franchised offices and branches and three affiliated brokerage locations in the U.S. and Puerto Rico. The Company also operates a full-service escrow settlement an...