Hilco is pleased to offer for sale the business and assets of a global short term residential letting proptech company (the “Company”).
With international reach, the Company offers a range of tailored property solutions designed to optimise returns for property owners and provide seamless experiences for tenants, with a portfolio including property management, short-term rentals, serviced apartments, and corporate housing.
The Company has harnessed the power of technology and modern strategies to streamline processes and maximise the value and profitability of its clients’ properties. The Company leverages advanced technology to empower property owners with real-time insights, revenue forecasting, and property pricing optimisations. At the same time, guests benefit from seamless booking processes and straightforward communication channels, driving efficiency, convenience, and transparency across all operations.
The salient details on the business are as follows:
Offers a scalable, plug-and-play value proposition
Recently valued at c. £6.9m
Established international client base of institutional landlords, including apartment block owners and student accommodation providers
Holds c. 300 active listings globally
Currently operating with c. 50 employees worldwide
Excellent reputation and established brand
Generating revenue of c. £1.8m per annum.
Business Assets
Available assets include:
Proprietary End-to-End Institutionalised Short-Term Rental Management Technology – the product of c. £2m in investment to date
Established Client Base – several hundred listings worldwide from a diverse range of clients
Respected Brand – the valuable goodwill attached to the business
Intellectual Property Portfolio – including a portfolio of registered trade marks, a host of domain names, copyright in the attractive website content, social media assets and data
A Strong Pipeline – offering future revenue opportunities.
Sale Process
On receipt of a signed non-disclosure agreement (NDA) access will be provided to a virtual data room housing additional information. To access the NDA please click the link, sign and return via email to [email protected] & [email protected]
Terms & Conditions
VAT, if applicable, at 20% will be added to the price
A non-refundable deposit of 20% will be payable by the buyer within 48 hours of bid acceptance
A buyer’s premium of 10% of the sale price is payable by the winning bidder
Legal completion to occur within 5 business days of bid acceptance
Terms and conditions related to the sale can be here
