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New Deal


Announced

Completed

Palamon-backed Simplify Group completed the acquisition of My Home Move.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

conveyancing

Acquisition

Private Equity

Friendly

United Kingdom

Knowledge Process Outsourcing

Single Bidder

Completed

Majority

Synopsis

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The UK’s two leading conveyancing groups My Home Move and Palamon Capital Partners’ portfolio company The Simplify Group – combined to create a conveyancing powerhouse that will be the standout market leader. The combined organization, to be known as Simplify, will benefit from the complementary strengths of the two groups to build on the services they currently provide to their customers and partners. “I am incredibly excited about the future of Simplify. By combining the best in service, technology, and relationships from the two existing groups we will create a business that will shape the conveyancing market and make life easier for customers, introducers and partners. Together we can simplify conveyancing for hundreds of thousands of people each year," David Grossman, Simplify CEO.

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