Homebot, an Alpine Investors-backed ASG company and a home education portal aiming to help consumers with home finance decisions, has purchased Quo Finance, a mobile app offering services to first-time homebuyers.

Quo was founded in 2018 looking to help with wealth-building by working to simplify the mortgage process to make homeownership more accessible. As part of the deal, Quo’s team, led by co-founders Tucker Haas and Neel Yerneni, will join the Homebot team.

“Quo will massively accelerate Homebot’s mission to connect people to make informed homeownership decisions,” comments Charlie Pratt, CEO of Homebot. “Later this year, Homebot’s customers will have the ability to offer a Homebot native mobile app to their millions of engaged clients and attract more first-time homebuyers to their pipelines.

Sandfox Advisors served as financial advisor and Goodwin Procter LLP acted as legal counsel to Quo. Willkie Farr & Gallagher LLP served as legal counsel to Homebot.