UK residential property market intelligence brand Dataloft has signalled plans to expand internationally after it was acquired by PriceHubble.
As part of the acquisition, Dataloft will continue to operate as a separate legal entity in the UK, while gaining access to PriceHubble’s technology and Europe-wide data resources, under the ongoing leadership of Sandra Jones.
Further integration into the PriceHubble Group is planned for the coming year, the announcement said.
Jones, managing director of Dataloft, said: “PriceHubble is one of Europe’s fastest growing data science proptechs. We share a product and customer vision and benefit from the acquisition in several respects.
“In addition to PriceHubble's international reach and global strategy, we also gain access to sophisticated market and data technologies and reach new customer segments, particularly in the financial services sector, as well as pan-European market coverage. We will also benefit from access to the largest data science and tech team in Europe focused on residential real estate”.
This marks property data brand PriceHubble’s fifth acquisition to date.
Its founder Dr Stefan Heitmann, said: “The UK, Europe’s largest real estate and banking market, is strategically important to us.
“With the acquisition of Dataloft, we gain an exciting business with deep rooted market expertise in the UK, and are very excited to welcome to the PriceHubble family, a team of very professional and highly experienced housing market experts, who know the UK market inside-out.”
“In the turbulent markets of today, our customers demand accurate, next generation data products more than ever to support their business development and deliver a new level of customer experience. This makes Dataloft and PriceHubble even more attractive partners for the UK’s real estate and banking industry.”
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