Metropolis International has acquired a majority shareholding in Websky Limited. the terms of the deal were not disclosed.
Websky, founded in 2003, is based in Frome, Somerset with 30 staff. The company provides its cloud based Expert Agent software solution to over 1600 Estate Agents and Lettings Agents throughout the United Kingdom. Over 15% of all properties sold and rented in the UK in 2012 were processed through Expert Agent.
Michael Griffiths, who stays on as MD of Websky, said: “This deal gives us chance to expand the product and provide an even better service to existing customers but particularly to the many estate agents that don’t yet benefit from our technology.”
Robert Marr, CEO of Metropolis said: “Expert Agent offers its users a market leading, low-cost and effective solution to manage their workload. I am delighted to invest in such a well-managed company looking to move on to the next stage of its development with Metropolis.”
UK, London & Somerset, Frome
Related articles:
- Metropolis acquires Packaging News and AV magazine, along with Motoringjobs.com from Haymarket Posted on September 6, 2010
- Metropolis acquires B2B publisher Assertive Media Group Posted on February 11, 2010
- Online media recruitment business The Friday Pint acquired by Haymarket Posted on January 7, 2010
Fusion Corporate Partners 
You must be logged in to post a comment.