iamproperty is an innovative service provider to the UK estate agency market.

Investment type
  • Development capital
Exit type
  • Private equity sale
Exit date

October 2023

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When we began the search for an investor in 2019, we were looking for a partner that would give us the capital, support and advice we needed to help us achieve our goals. What really attracted us to LDC was the breadth of sectors they invest into and the relationship we had built with Gareth Marshall.”

Ben Ridgway, Co-Founder

A transformational growth journey

During a four-year partnership, iamproperty reported transformational growth.

Since LDC’s investment, revenue has grown by 3.5x for the year ending October 2023 and is expected to reach £76m, and EBITDA has increased by 4.5x over the same period. Last year saw the business’ biggest year of growth, with revenue up by 45 per cent on the previous year to £55m.

The business has also continued to invest in talent across its technology, customer service and sales teams, and today employs more than 530 people in the UK, growing from 180 when LDC invested.

In October 2023, LDC exited its investment in iamproperty to Perwyn in a transaction that marked a 278% increase in the enterprise value of the business and generated a 3.7x money multiple return for LDC.

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We thank LDC for their guidance, which has supported the business through a very exciting period of growth and development.”

Ben Ridgway, Co-Founder

“For us it was the personal relationship.”


Northern Finance Director of the Year – Growth/Scale Up (Eoghan Johnston )

Northern Financial Director Awards.2023

Highly Commended for Best Growth Initiative

Management Today Business Leadership Awards 2023

Northern Tech Awards Top 100


Judges’ Innovation Award

Northern Tech Awards 2022

100 fastest-growing technology companies in the North of England and Scotland (No. 64)

Northern Tech Awards 2022

Vision 2022 – Leaders driving growth

BVCA – Yorkshire and the North East