UK online real estate agency Purplebricks has appointed a team of auditors, tax and growth advisers from the Birmingham-based office of accounting consultancy Grant Thornton.
The move comes after Grant Thornton's transaction advisory services team worked with Purplebricks on its London Stock Exchange listing on the AIM market, which raised £25 million.
The firm's partner David White will lead its relationship with Purplebricks alongside director Martin Ramsey and senior manager Natalie Gladwin.
According to White, Purplebricks is a genuine "disruptor to the traditional estate agency business model and experienced a period of rapid growth in its first 18 months".
"The directors were therefore looking for a team of advisers who could work alongside them and help take the business to the next level, with access to funding a vital component of that growth strategy," White says.
Purplebricks chief executive Michael Bruce adds Grant Thornton has provided him and the board with wise counsel, proving to be a valuable sounding board to various discussions around our growth strategy.
"As a fast growing, young company they have been flexible in their approach and commercial in their advice, helping Purplebricks in its aim of transforming the way we sell, buy and let residential property," Bruce says.