Newcastle based proptech ‘pioneer’ marks ‘key milestone’ with new acquisition

Gosforth headquartered iamproperty, a specialist in property technology and ‘pioneers’ of the Modern Method of Auction and the UK’s first end-to-end onboarding and conveyancing platform, has acquired Information Works in a trade deal for an undisclosed sum.    

The deal is a ‘key milestone’ in iamproperty’s ecosystem roadmap, adding a comprehensive data and prospecting platform into its solutions portfolio. The ecosystem will enable Estate Agents to manage their whole day, with everything under one roof, one central login and one partner relationship. 

The acquisition also supports iamproperty’s continued mission to modernise the property industry and develop solutions and services for Estate Agents that have speed and security at their heart, helping agents to grow their business and delight their clients.  

Established in 2008, Information Works is a data and prospecting solution, offering a comprehensive Digital Marketing Services platform combining creative mailing concepts and highly targeted consumer data, as well as access to fully editable on-demand print products.

Information Works’ Managing Director, Nigel Ross, will exit the business following a handover period, leaving a well-established leadership and operational team at the helm, as they join iamproperty. 

The acquisition is iamproperty’s third within two years, having previously acquired cloud-based property software business VTUK as well as SDL Auctions’ portfolio of Estate Agency Partners who used the Modern Method of Auction service in 2022. 

This latest acquisition is the first to be made since iamproperty welcomed Perwyn as its new private equity partner last October. 

Ben Ridgway, Co-Founder of iamproperty, said: “Our solutions save Estate Agents time, support them to drive efficiencies and revenues in their business, and ultimately make their lives easier. 

“Information Works aligns with our portfolio and this acquisition is a key step as part of delivering on our ecosystem vision, creating strong opportunities for innovation and development for both businesses. Synergies are not only in our mission and innovation agendas, but our culture, vision and commitment to service excellence and experience.   

“We’re pleased to welcome the Information Works team into iamproperty and are looking forward to talking more to our Partner Agents about how they can benefit from this exciting new offering.”  

Nigel Ross added: “This acquisition marks the next phase of growth and innovation for Information Works, building on our established success. iamproperty is the perfect partner to take this forward, as one of the fastest and most innovative property technology and service providers in the UK.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →