Property management and lettings agency based in London, Howsy, has recently acquired online letting agent, Urban.co.uk, for an undisclosed amount.
This acquisition of Urban will allow Howsy to grow substantially and offer broader services whilst maintaining a focus on customer service and delivering great value for landlords.
The acquisition of Urban is said to mark Howsy’s first move following its announcement of a £5 million investment led by Skybound Capital.
Founder and CEO of Howsy, Calum Brannan, commented on the deal: “With so much focus in the property industry on the buying and selling market, the rental space is often overlooked.
“Howsy benefits from stable recurring revenue, mixed with cutting edge technology so we can reduce the costs to operate by up to 70 percent compared to high street agents."
Read more here
Join us November 12-15 for the Property Portal Watch Conference Madrid 2019.
This week's hiring roundup is shorter, but our two stories both come straight from the C-suite. Lamudi Philippines hires...
Read More
This week's funding roundup includes another iBuyer that is no longer an iBuyer, and an interesting marketplace for the older...
Read More
The portal wars accelerated in earnest in this week's product roundup, while we've spotted two more "money-focused" updates from Dubizzle...
Read More
In a major change to the industry, home sellers in the United States will no longer be required to offer...
Read More
