Pollen Street-backed BidX1 completed the acquisition of Dedman Gray Auctions.

Pollen Street-backed BidX1, a digital property investment platform specializing in online auctions for residential and commercial real estate, completed the acquisition of Dedman Gray Auctions, an independent property and land auctioneer specializing in selling residential, commercial, and investment properties across Essex, Suffolk, and Kent. Financial terms were not disclosed. “We are thrilled to welcome Dedman Gray into the growing BidX1 family. Their unrivalled local reputation and strong client relationships in East Anglia make them an ideal partner as we continue to scale our presence across the UK market. By combining their regional know-how with BidX1’s technology-driven auction platform, we will create greater value, improved transparency and more choice for both existing and new vendors and buyers. This acquisition highlights our commitment to ensuring traditional auction expertise works in modern-day property trading,” Jonathan Fenn, BidX1 CEO.