.
MergerLinks Header Logo

New Deal


Announced

Dye & Durham to acquire tmgroup for $156m.

Financials

Edit Data
Transaction Value£91m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Pending

Friendly

Real Estate Services

United Kingdom

Acquisition

Cross Border

Single Bidder

real estate services

Majority

Synopsis

Edit

Dye & Durham, a provider of cloud-based software and technology solutions, agreed to acquire tmgroup, a developer of integrated property transaction platform, for $156m. As part of the deal, Countrywide and LSL, property services companies, will sell their stake. "We are pleased to be announcing this latest acquisition as it allows us to further scale our business in the U.K. and deliver top-tier solutions to the property conveyancing market participants who rely on our technology for their day-to-day activities," Matt Proud, Dye & Durham CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US