M&A Deal Summary

Smoove Acquires Conveyancing Alliance

On December 19, 2016, Smoove acquired information technology company Conveyancing Alliance for 7M GBP

Acquisition Highlights
  • This is Smoove’s 1st transaction in the Information Technology sector.
  • This is Smoove’s 0th largest (disclosed) transaction.
  • This is Smoove’s 1st transaction in the United States.

M&A Deal Summary

Date 2016-12-19
Target Conveyancing Alliance
Sector Information Technology
Buyer(s) Smoove
Deal Type Add-on Acquisition
Deal Value 7M GBP

Target

Conveyancing Alliance

United States
Conveyancing Alliance Ltd. is a B2B technology platforms for the selection and instruction of conveyancing.

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Buyer(S) 1

Buyer

Smoove

Oxfordshire, United Kingdom

Category Company
Founded 2003
Sector Software
Revenue 17M GBP (2021)
DESCRIPTION

Smoove is a provider of software solutions by offering greater choice and efficient solutions to the housing market. Smoove products have helped home movers, conveyancing professionals and estate agents to save time and improve communication between parties. Smoove was founded in 2003 and is based in Oxfordshire, United Kingdom.


DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-02 Legal Eye

Thame, United Kingdom

Legal Eye Ltd. is a provider of risk management and compliance consultancy services.

Buy £1M