Accel-KKR-backed Reapit to merge with PayProp.

Accel-KKR-backed Reapit, an end-to-end business technology provider for estate agencies of all sizes, agreed to merge with PayProp, a software company. Financial terms were not disclosed. “Our two companies are both highly oriented around service and customer success. Our combined path is clear: to lead and drive digital transformation of the property sector, which is a huge asset class,” Mark Armstrong, Reapit CEO.