Hilco are pleased to be instructed to seek offers to acquire the business and assets of a Company that provides real estate services, specialising in identifying and purchasing residential properties for clients using its proprietary search optimisation platform, and undertaking refurbishment works, managed by a second proprietary platform.
Company Highlights
Undertakes works for a variety of public sector clients providing a unique service with limited market competition
c.£1m – £1.5m invested into two platforms, one of which generates licence fees from third party users
Historically has acquired c.100 residential properties pa on behalf of clients
Property acquisition platform aggregates data from multiple commercial, government and real estate data sets to streamline clients’ acquisition decisions
Experienced teams to oversee property identification and acquisitions
Acts as main contractor undertaking works to acquired properties, using in house project management platform
Based in the South East of England
Turnover c.£3.8m pa
Business Assets
Property Acquisition and Project Management Platforms – In house developed platforms that aggregate data to help clients make acquisition decisions, and assist with property refurbishment management
Work in Progress & Pipeline – Current contracts in place with Local Authorities to acquire and refurbish 60 units, and future work
Intellectual Property – Domain names, website content, social media pages, and customer database.
Employees – Team of 19 employees with expertise in property identification, acquisition and refurbishment project management.
Goodwill – The valuable goodwill attaching to the business.
Office Premises & Equipment – Fully fitted leasehold property in South East of England with associated IT equipment.
Sale Process and Further Information
The deadline for offers isFriday 27 December 2024 at 1pm GMT
On receipt of a signed non-disclosure agreement (NDA) access will be provided to a virtual data room housing additional information. To access the NDA please click the link, sign and return via email to apercival@hilcoglobaladvisors.co.uk
Terms and Conditions
No warranties, express or implied, are provided in relation to any information or statements made in connection to this opportunity. The information contained herein, and within the project dataroom, has not been verified by Hilco and prospective purchasers must undertake their own due diligence to satisfy themselves as to the accuracy of all such information and any statements made. Hilco’s full Terms and Conditions apply. Hilco acts as agent for the Vendor who offers for sale only such right, title and interest the Company possesses in the assets.
