Smoove has received a cash acquisition proposal by PEXA
November 2023 — Smoove plc has received an all-cash offer from PEXA Group Limited (ASX: PXA).
Smoove is a UK-based software solutions provider for the housing market, offering a greater choice and efficient solutions. Its products help home movers, conveyancing professionals and estate agents to save time and improve communication between parties.
PEXA Group Limited is a world-leading ASX-listed digital property exchange platform and property insight solutions business.
Our role in the transaction
Oaklins Cavendish, based in the UK, is delighted to have acted as sole financial and rule 3 advisor for Smoove in relation to its all-cash offer from ASX-listed PEXA.
Talk to the deal team
Related deals
Verdane has completed the acquisition of Augmentum Fintech
Following the acceptance of its offer and subsequent shareholder approval, Augmentum Fintech plc has been acquired by Verdane Advisors AS.
Learn moreF.EE has been acquired by One Equity Partners
F.EE GmbH, one of Germany’s leading providers of innovative solutions in mechanical engineering, automation hardware, cabinet control, software and robot programming, has been acquired by One Equity Partners. This transaction will strengthen the private equity firm’s operations in the industrial automation space. The sellers have reinvested and will remain involved in the business for the coming years.
Learn moreSRT Marine has completed a placing and subscription
SRT Marine Systems plc has announced an equity raise of at least US$22 million at US$1.10 per share representing a 5.75% discount, through a US$19.4 million accelerated bookbuild placing and a US$2 million subscription by Ocean Infinity, alongside a separate retail offer of up to US$1.3 million.
Learn more