Tribe Property Technologies Inc. announced that it has agreed to acquire Meritus Group Management Inc. ("Meritus"), an arm's-length party, strengthening Tribe's presence in the greater Toronto region of Ontario. The acquisition is a continuation of Tribe's strategy of identifying operational opportunities and continuing to expand the Company's national footprint and digital services. Meritus has over 5,000 homes under management.

This acquisition strengthens Tribe's national presence, now with 8 offices across Canada ? 5 in British Columbia, 1 in Alberta and 2 in Ontario, including the Company's new Meritus office in greater Toronto.