
LDC invests in eConveyancer
LDC has provided UK online conveyancing software company eConveyancer with growth capital of an undisclosed amount.
LDC believes its investment will enable eConveyancer to capitalise on growth opportunities brought about by the increasing trend for conveyancing to take place online.
The firm stated that despite the challenging trading environment in the property industry over the past two years, eConveyancer has held its margins and grown, both in terms of product development and customer acquisition.
Founded in 2003, Oxfordshire-based eConveyancer is a provider of software for online conveyancing and home buyer search services. Its conveyancing software allows mortgage applicants, mortgage lenders, financial advisors and estate agents to search for and instruct a conveyancer online, comparing prices and tracking a case through to completion.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater