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Announced

Completed

Iamproperty Group completed the acquisition of VTUK.

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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Friendly

cloud-based property software

Domestic

Data Centers and Hosting

Acquisition

Completed

Single Bidder

United Kingdom

Majority

Private

Synopsis

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Iamproperty Group, a property auctioneer in online auction, completed the acquisition of VTUK, a services provider of cloud-based property software platform for the modern business. Financial terms were not disclosed. "We are delighted to be bringing VTUK into the iamproperty Group. Peter has built a business that is well respected in the industry with the support of an established team and we’re really looking forward to working alongside them. This is a great opportunity for our staff and customers, creating synergies that will benefit our mutual Partner Agent Network," Ben Ridgway, iamproperty Group Managing Director.

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