Dye & Durham to acquire tmgroup for $156m.

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.