"The deal follows a period of rapid expansion for Lower, including the launch of a West Coast division in December led by Gino Fronti as the company continues to invest in geographic growth and talent across the country. The company also announced an acquisition of real estate portal Movoto from parent company OJO Labs in May 2025 and software company Neat Labs at the tail end of 2024."
"We're excited to welcome Team Acopia and continue to build on the legacy Joey and his team have established over the past two decades, Lower co-founder Mike Baynes said. Their strong relationships and reputation align with our vision to create the leading homeownership platform for originators and consumers, empowering more people to build wealth through homeownership. Together, we see a significant opportunity to accelerate our shared momentum."
Lower acquired Acopia Home Loans, integrating Acopia's team into Lower's Southeast division as Team Acopia. Acopia operates across 12 Southeast states from Goodlettsville, Tennessee, and built its business on local partnerships and a service-oriented approach. The acquisition follows Lower's rapid expansion, including a new West Coast division and recent purchases of Movoto and Neat Labs. The deal will give Acopia expanded product offerings, greater operational efficiency, and access to technology and artificial intelligence tools. Acopia's employees will join Lower, enabling combined momentum to accelerate growth, leverage strong local relationships, and pursue a broader homeownership platform for originators and consumers.
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