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tmgroup

Description

tmgroup (TM Group) is a provider of property search aggregation services in the United Kingdom, offering law firms essential property search capabilities that form a key element of due diligence and the mandatory conveyancing process for all property purchases. Founded in 1999 and headquartered in Swindon, UK, the company has established a strong market position in the property services sector.tmgroup generates revenue by providing a wide range of property search services to law firms, including Title, Local Authority, Water & Drainage, and Environmental searches. The company's proprietary software tools and data insights enable it to deliver efficient, accurate, and user-focused solutions to its clients, simplifying the complexities often found in property transactions.In July 2023, pan-European alternative investment firm AURELIUS acquired tmgroup from Dye & Durham Limited for a total consideration of up to £91 million, which includes approximately £50 million in cash at closing and up to £41 million in potential additional earn-out payments between 2023 and 2026. The sale satisfied the undertakings given by Dye & Durham to the UK's Competition and Markets Authority (CMA), concluding the CMA's merger investigation.

📈 Operating Performance

£m
2023
2021
Margin (%)
YoY Change (%)
UK Turnover (%)
REVENUE
56.9
-
-
-
%
-
%
-
%
COGS
35.7
-
-
0.628
-
%
-
%
-
GP
21.2
-
0
-
0.372
-
%
-
%
-
OPEX
20.3
-
-
0.357
-
%
-
%
-
EBIT
-3.1
-
-
-
%
-
%
-
ADJ EBIT
-
-
-
%
-
%
-
NET INCOME
-3.1
-
-
-
%
-
%
-

📰 Latest News

Title
Date
Article Type
Link
TM Group drives digital conveyancing innovation with acquisition of Lawtech Software Group
Mar 2024
Corporate Activity
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📰 Latest News

Title
Date
Article Type
TM Group drives digital conveyancing innovation with acquisition of Lawtech Software Group
Mar 2024
Corporate Activity
No news articles to show.

🎯 Segmentation

Industry
B2B Technology
Sub-industry
Data Solutions
Region
UK
Revenues (£M)
56.9
Employees
320.1
PE Fund
Aurelius
Website URL
Click Here ↗
Linkedin Page
Click Here ↗

🏦 Asset Base

CAPEX (£M)
-
0.6
PPE (£M)
0.4
Depreciation (£M)
0.2

👥 Organisation

Employees (£M)
13
Employees (#)
320.1
Employees % Rev
22.9
%

💼 Company Stakeholders

🪙 PE Fund Representatives

Tristan Nagler
Click Here ↗
TBC

✏️ My Personal Notes COMING SOON