Progress Capital Companions has signed a binding settlement to spend money on Nurtur Group Ltd, a agency which supplies software program and knowledge to the property company and residential mover market.
Nurtur provides a set of six core merchandise throughout lead attribution, advertising automation and property-focused knowledge insights to assist suppliers to the house mover market higher serve their finish shoppers.
Damon Bullimore, chief govt of Nurtur, stated: “We’re delighted to have acquired funding from GCP. We particularly focused GCP as a associate on account of their specialism in investing in expertise companies, wonderful monitor report of supporting worth creation and the supportive partnership type they provide.
“Nurtur is at a important level of its evolution. Our merchandise ship effectivity, ROI and perception for shoppers, enabling them to turn out to be knowledge pushed and automatic. We’re extraordinarily enthusiastic about our new improvements that are already driving worth for shoppers.
“On the similar time, we lengthen a honest thanks to Toscafund, for his or her invaluable assist and partnership through the years, they’ve been an impressive investor and a major contributor to our development journey.
“We consider that GCP is the suitable investor to assist us by this subsequent section of development, and we’re wanting ahead to the partnership.”
Nurtur has business relationships with the biggest property company teams within the UK.
The partnership between GCP and Nurtur will assist the enterprise in constructing on its place within the UK by deepening its consumer relationships and expertise partnerships whereas investing in innovation and new merchandise, together with its new conversational AI resolution and international referral system.
Matthew Siebert, Toscafund associate and Nurtur NED, stated: “Toscafund has been invested in Nurtur and its predecessor since 2015 and has been delighted to assist underpin the expansion of this thrilling software program enterprise during the last 9 years. We’re equally as happy to proceed to assist the following section of development backed by GCP.
“Damon and the entire workforce have constructed a singular suite of services which are resonating with shoppers from SoHos to enterprise prospects. Because the enterprise enters its subsequent section of development, by including a brand new specialist investor corresponding to GCP will guarantee a powerful footing for Nurtur to maneuver ahead with confidence.”
