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
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