Transaction

Clearwater advises iamproperty on its investment from Perwyn

Transaction

Shareholders including LDC sold iamproperty to Perwyn

Sell-side

Undisclosed

Role

Adviser to iamproperty on its investment from Perwyn

Sector

Tech & Tech Services
Business Services

Region

United Kingdom

Clearwater has advised the Shareholders of iamproperty, a leading prop-tech business, on its investment from Perwyn and its debt package from NatWest and Barclays. The investment marks a successful exit for existing investor, LDC.

The business, a known innovator for the residential property market, pioneers of the Modern Method of Auction and creators of the UK’s first end-to-end onboarding and conveyancing platform, iamproperty is already working with over 6,000 UK Estate Agency branches to help them accelerate their success and is involved in over 1% of residential property transactions in the UK.   

As a strategic investment partner with specialist expertise of working with ambitious technology companies, Perwyn will support the business as it delivers on its vision to provide an ecosystem of innovative solutions for Estate Agents across the UK. 

 Co-Founders Ben Ridgway and Jamie Cooke, alongside the management team, will retain majority share and continue to drive forward their mission to modernise the property industry.

Clearwater’s Debt Advisory team provided the lender education process for the transaction, as well as working with the PE firm to raise debt facilities from NatWest and Barclays to support its investment.

The Clearwater team worked closely with iamproperty during LDC’s investment having previously advised the business in 2022 on its acquisition of VTUK, the developer of Openview, a cloud-based software platform focused on the property market.

business finance generic ML3 2

2023 has been a fantastic year for the business and we’re incredibly proud of our team. This includes our successful growth partnership with LDC since 2019 and we thank them for supporting us through what has been a very exciting period of organic growth and acquisitions in the last four years. With Perwyn now at our side, we are entering 2024 with even bigger ambitious plans to lead the way in our sector. Thanks to those who advised on the transaction including Clearwater. The team really integrated themselves into the business and went the extra mile to make us feel very supported.

Ben Ridgway, Co-founder, iamproperty
business finance generic ML3 2

We have been hugely impressed by the iamproperty team's transformative approach to auctions. Their differentiated strategy for market engagement has enabled them to forge a market-leading business in a growing sector. Perwyn is delighted to invest in the company, endorsing its vision for an interconnected ecosystem, and we are excited to partner with the team to facilitate the next phase of expansion as the business continues to scale.

Gurinder Sunner, Partner at Perwyn

Ben and Jamie are an entrepreneurial force to be reckoned with. Over the last four years, they’ve shown exactly what can be achieved when you invest in talent and technology. The growth of the business is something the entire team should be proud of, and it’s been brilliant to support them along the way. I have a feeling this is still only the beginning for iamproperty and I wish them every success for the future.

Gareth Marshall, Partner and Head of the North East & Scotland at LDC

iamproperty is a great example of a local success story. The management team has delivered impressive growth in an uncertain climate, they have continued to gain market share with Modern Method of Auction and innovated new services to further develop their offerings in the residential property market. Perwyn are a great partner for iamproperty, their support will allow the business to continue to disrupt the residential property market and bring innovative solutions to the market. This is a great example of Clearwater’s Debt and M&A teams working together to provide our client with a complete and comprehensive service. Having advised iamproperty over a period of time, helping to complete two acquisitions, we’re excited by what’s to come for the business.

Richard Goldsack, Partner, Clearwater

It is highly satisfying to deliver a Bank Club of NatWest and Barclays for what is a fantastic business. iamproperty is ideally placed to continue to transform its market and it was a pleasure to work with Perwyn to secure a debt package in support of their investment in the business.

Tom Barnwell, Partner, Clearwater

Advisers

Transactions

Drag and zoom to explore transactions

Transactions

shutterstock 2192688011
Partnership to create a global integrated supply c…

Adviser to EES on its sale to Vallen Distribution

image 93
Synergistic cross-border deal in property inspecti…

Adviser to Domutech on its sale to TÜV SÜD

set collection group beauty fashion makeup
Strategic divestment to boost leading cosmetic gro…

Adviser to Lumson on the sale of its subsidiary Marino Belot…

image 55
Raising funds to support a global provider of cred…

Adviser to Creditinfo, a portfolio company of LLCP, on its r…

used cardboard paper recycling secondary raw
Leading producer of cartonboard and carton packagi…

Adviser to WEIG on its refinancing of an existing acquisitio…

image 70
Acquisition of Swiss market leader in high-speed, …

Adviser to the shareholders of FemtoTools AG on their sale t…

shutterstock 2075880535
A leading Irish post-production and visual effects…

Adviser to the management of Screen Scene Limited on its man…

hirschvogel group plant
Sale of a specialist in the forging and machining …

Adviser to Hirschvogel on the sale of its US production faci…

low angle portrait two young coworkers lift
Investment to support UK lift company’s ambitious …

Adviser to Deltron on its investment from LDC

business finance generic ML3 10
Strategic divestment of nine companies in Sweden

Adviser to Storskogen on the divestment of nine companies

dacoso SOC
Raising finance to support the acquisition of a le…

Adviser to Waterland on raising finance to support the acqui…

construction structure concept engineer working
PE invests in multi-award-winning global engineeri…

Adviser to Waterland on raising debt facilities to support i…

BW renewable
Bursting Nordic presence in waste-to-energy and bi…

Adviser to Babcock & Wilcox on the sale of Babcock & Wilcox …

C parts
Streamlining of operations through the carve-out o…

Adviser to Bufab on the sale of Bufab Lann and Hallborn to A…

Audens
Audens joins forces with GoodLife Foods to form Eu…

Adviser to the shareholders of Audens on its sale to GoodLif…

cloud technology data storage backup
Securing long-term refinancing package to support …

Adviser to Livingbridge-backed FluidOne on its refinancing

JYTAS construction
Strengthening modular construction through united …

Adviser to JYTAS on the sale of its rental division to Adapt…

Technamm vehicle 3
Leading lightweight all-terrain vehicle expert sec…

Adviser to the shareholders of Technamm on a primary minorit…

Huberband
Hidden champion in the field of narrow technical f…

Adviser to the shareholder of Huber Bandfabrik on its sale t…

Ewii tech mechanic
EWII and Norlys in historic fibre network transact…

Adviser to Norlys on the acquisition of EWII’s fibre network…

dairy cows eating hay
Family-owned dairy company sells to major global p…

Adviser to the shareholders of Yew Tree Dairy on its sale to…

wind turbines
Partnership to create a global leader in the wind …

Adviser to Endiprev on its sale to Muehlhan Wind Service

DOT steel surface treatment services
Acquisition of leading Nordic steel surface treatm…

Adviser to Jysk-Fynsk Kapital on its sale of DOT to Kirk Kap…

shutterstock 389455273
Securing funds to support the acquisition of a lea…

Adviser to Nova Motorsport on its fundraising to support its…

uniqFEED tennis court advertising
Strategic review and financial modelling services …

Adviser to the Board of Directors and Executive Management o…

Ostergaard pipes installation
Heating up the market: Fueling growth with strateg…

Adviser to Østergaard Entreprise on its sale to Dansk Ejerka…

STG railway services
Strategic partnership between leading actors in th…

Adviser to Scandinavian Track Group on its sale to Vossloh

group small school kids teacher guitar
Securing the ideal investor for ‘progressive’ musi…

Adviser to Rocksteady Music School on its investment from Ve…

generic meeting women SL1 v2
Strategic alliance for InSitu, one of the pioneers…

Adviser to InSitu on the sale of a minority stake to Armonia…

employees desktop work
Forward-thinking investor completes partnership-le…

Adviser to GCP on its investment in CloudRock

woman phone communication
Inspiring growth and ambition by forming Italy’s l…

Adviser to Next14 on its sale to Gruppo SAE through SAE Comm…

NPG infrastructure maintenance
NPG's dynamic merger with Norva24: A game-changer …

Adviser to NPG on its sale to Norva24

club del sole camping village site
The right investor for a forward-thinking operator…

Adviser to The Equity Club on the acquisition of a minority …

male hr recruiter employer holding cv
Joining forces for an international job market

Adviser to YER on its acquisition of AVANTGARDE Experts

image 62
Raising finance to support digital corporate banki…

Adviser to EMERAM on raising finance to support the acquisit…

Wind farm
ESG consulting and ESG markets specialist secures …

Adviser to the shareholders of Global Factor Solutions on it…

team working computer
Securing the right partner for a high-quality cons…

Adviser to Farsight Consulting on its sale to Version 1

football stadium video
PE supports interconnected sports and live event a…

Adviser to Accredit Solutions on its investment from Gresham…

beauty woman moisturiser
Securing future development in the cosmetics and p…

Adviser to Nordic Beauty Company on its sale to Dayes Group

sustainability panels
Debt facilities raised to support investment in le…

Adviser to Beech Tree on raising debt facilities to support …

Software solutions
Customs and regulatory compliance software solutio…

Adviser to ASD & Thyme-IT on its sales to Descartes Systems …

electrician on background high towers power
Skewb receives investment from BGF

Adviser to Skewb on its significant investment from BGF

Untitled 7
Investment in a market leading high-touch travel m…

Adviser to ECI Partners on its investment in TAG

female entrepreneur raising her hand answer
Sale of leading B2B information services and event…

Adviser to the shareholders of Solar Media on its sale to In…

woman laptop online
PE backs ambitious growth plans for mid-market tec…

Adviser to the shareholders of Archiva on its sale to Progre…

steinwolle production new
Global building materials group introduces new ins…

Adviser to BACHL on the sale of BACHL Steinwolle to Kingspan

SL3 13
Further expansion in to Europe for a leading SaaS …

Adviser to Simplicate on its sale to and roll over in Blinqx…

image 106
A deal conversion for leading B2B lead generation …

Adviser to Leadinfo on the sale of its remaining shares to t…

image 65
Dynamic recruitment partnership expected to yield …

Adviser to YER on its acquisition of Staffxperts

young children playing educational toy
Unlocking huge latent potential for a market leade…

Adviser to Findel on its sale to Manutan

group students working together teacher
PE backs placing great teachers in education setti…

Adviser to TeacherActive on its investment from Pricoa

handling transport boxes
A family affair: The pursuit of growth and consoli…

Adviser to DIP on the acquisition of a majority stake in Acc…

sport clothes store shopping mall
Omnichannel sports retailers take Italy and German…

Adviser to Cisalfa Sport on its partnership with SportScheck

image 51
Forging a natural partnership between the two most…

Adviser to Miura Partners on the acquisition of a majority s…

traffic cones on road electronic arrow
A smooth ride for a road traffic solutions special…

Adviser to Road Traffic Solutions on its sale to Equistone-b…

iStock 1344688192
Refinancing of growing IT managed services provide…

Adviser to Croft on its refinancing

engineer wearing safety uniform helmet
A safe pair of hands for the UK's largest passive …

Adviser to Checkmate Fire on its sale to IK Partners

Software company
PE backs global leader in procure-to-pay software …

Adviser to SoftCo on its investment from Keensight

shutterstock 708489889
Representing a dynamic and growing pharma, nutrace…

Adviser to Sanifarma on its sale to Fidia Farmaceutici

blonde female tourist checking incoming notification
PE backs hyper-personalised, automated passenger c…

Adviser to 15below on its significant investment from LDC

image 64
Saving 10,000 jobs as a consortium of investors ba…

Adviser to Yodel on its sale to YDLGP Ltd

image 123
Maximising potential through synergies in the Span…

Adviser to ATP Farma on its sale to Plameca

ATLINE feeding industry
Scaling up automated, robot-operated, quality assu…

Adviser to ATLINE on its sale to Indutrade

Corrugated cardboard
Neatly packaged deal for a manufacturer of corruga…

Adviser to Atlantic Box on its acquisition of CST

shutterstock 97066274
A new dimension for a luxury events agency

Adviser to the shareholders of Marcadé on its sale to Trail

image 106
Driving exponential growth during a ten-year partn…

Adviser to Skanstec Group on its sale to H&MV Engineering

new construction
Accelerating growth across the food & beverage and…

Adviser to Ingersoll Rand on its acquisition of Friulair, a …

urban wastewater treatment plant
Satisfying demand for water and wastewater infrast…

Adviser to Lauridsen Handel & Import on its sale to Uniwater

iStock 951945582
Acquisition boosts market leader in DECT (Digital …

Adviser to Gigaset Communications on its sale to Snom Soluti…

image 57
PE portfolio company enables growth in physics, so…

Adviser to the shareholders of Guldberg and Personites on it…

hotels
Five star success for the sale of trio of 4-star h…

Adviser to Honotel Group on the sale of three Parisian hotel…

business collaboration 2 SL3
Enabling support innovation and business growth an…

Adviser to ABF Group’s sale to Warrant Hub, a subsidiary of …

image 102
Successful fundraiser for proprietary AI-driven te…

Adviser of Anozr Way on its Series A fundraising with Hi Ino…

Clinic nurses tablet
Medicine, Surgery, Obstetrics (MSO) clinics attrac…

Adviser to PREIM on the sale of the real estate of Clinique …

Optimity Relex worker
Enabling consumer goods companies to accurately pr…

Adviser to the owners of Optimity on its sale to RELEX Solut…

Healthcare data
Supporting a vision to keep healthcare affordable …

Adviser to i2i on its sale to IG&H

pets cat dog VPG
For the love of pets: simultaneously conducting a …

Adviser to Vital Petfood Group on its sale to United Petfood

Project Nest
Raising finance to support the acquisition of a le…

Adviser to Chequers on raising finance to support the acquis…

shutterstock 1873413118  v3
PE invests in reduced electricity consumption, low…

Adviser to Hvacon Marine Systems on its sale to Capidea

image 99
Reaching more retailers with a unified commerce pl…

Adviser to Glory Global on its acquisition of Flooid

shutterstock 1606158370
Naval defence consortium boosts manufacture and ma…

Adviser of Jeumont Electric's shareholders on the sale of th…

Relatable icons
Investment deal trending on Instagram, TikTok, and…

Adviser to Bambuser on its sale to Ravenmedia (Mediacap)

image 66
Blue-chip clients benefit from sale of administrat…

Adviser to Alvarez & Marsal and AlpInvest on its sale of Doc…

image 103
Paving the way in renewable energies, efficiency t…

Adviser to enercity on the structuring of a syndicated RCF t…

ARTIGIANGIOCCO CIEMME1
From field to fork: PE acquires majority stake in …

Adviser to Hyle Capital Partners SGR on the acquisition of a…

businessman businesswoman surveyors
PE backs leading provider of engineering surveying…

Adviser to WestBridge on its investment in Survey Solutions

carpets
Clearwater advises Brintons Carpets on raising deb…

cropped image young man labrador
Disrupting the digital marketplace with a new age …

Advisers on the sale of TrustedHousesitters to Mayfair Equit…

copper pipes close coils tubes warehouse
Clearwater advises Deutsche Invest Mittelstand’s p…

<p>Clearwater has advised DI Mittelstand‘s newly acquired po…

marble countertop
Clearwater advises Tenax on its acquisition of NES…

<p>Clearwater has advised Tenax, a world-leading producer of…

iStock 951945582
Clearwater advises Apadmi on its investment from C…

<p>Clearwater has advised the shareholders of Apadmi, a lead…

image 63
Clearwater advises Mobeus on its investment in Ell…

<p>Clearwater has advised Mobeus, a leading institutional in…

shutterstock 2112459077
Clearwater advises Nørgaard Anlæg on its sale to N…

<p>Clearwater has advised Nørgaard Anlæg, a turn-key landsca…

WESTFA Fluessiggas Tank weiss
Clearwater advises Adeleon on the sale of WESTFA E…

<p>Clearwater has advised Adeleon Familienholding GmbH (Adel…

Plane runway
Clearwater advises Technic Aviation on its sale to…

<p>Clearwater has advised the shareholders of Technic Aviati…

Web summit
Clearwater advises AVK Group on its sale to Crest

<p>Clearwater has advised the shareholders of AVK Group, the…

image 93
Clearwater advises Suez on the disposal of its env…

<p>Clearwater has advised Suez, a French multinational water…

maritime trade ship
Clearwater advises Green Instruments A/S on its sa…

<p>Clearwater has advised Green Instruments A/S (Green Instr…

image 53
Clearwater advises INTERSPORT Deutschland on the s…

<p>Clearwater has advised INTERSPORT Deutschland eG (INTERSP…

image 106
Clearwater advises Lutech on its acquisition of Eu…

<p>Clearwater has advised Lutech Group (Lutech), a portfolio…

shutterstock 2192688011
Partnership to create a global integrated supply c…

Adviser to EES on its sale to Vallen Distribution

image 93
Synergistic cross-border deal in property inspecti…

Adviser to Domutech on its sale to TÜV SÜD

set collection group beauty fashion makeup
Strategic divestment to boost leading cosmetic gro…

Adviser to Lumson on the sale of its subsidiary Marino Belot…

image 55
Raising funds to support a global provider of cred…

Adviser to Creditinfo, a portfolio company of LLCP, on its r…

Use ctrl + scroll to zoom in/out