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New Deal


Announced

Dye & Durham to acquire Property Information Exchange for £31m.

Financials

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Transaction Value£31m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Single Bidder

Pending

United Kingdom

online real estate services

Digital Services

Friendly

Cross Border

Majority

Acquisition

Private Equity

Synopsis

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Dye & Durham, a provider of cloud-based software and technology solutions, agreed to acquire Property Information Exchange, a cloud-based real estate due diligence platform, for £31m. "We expect that the acquisition of PIE will support Dye & Durham's industry growth, as we continue to execute on our strategy of acquiring, integrating and operating core technology businesses in order to build on our expanding online platform," Matt Proud, Dye & Durham Chief Executive Officer.

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