A Swindon-based property technology company has been sold for £91m.
Luxemburg-based private equity fund Aurelius has purchased TM Group from its owner Dye & Durham, the Toronto Stock Exchange listed corporate.
TM Group, which was founded in 1999, has been up for sale ever since Dye & Durham was told by the UK Competition & Markets Authority to sell it off due competition concerns. Closing is expected to occur in August 2023.