Purplebricks

Purplebricks is a British online estate agent, founded in 2014.

Purplebricks was founded by brothers Michael and Kenny Bruce after selling their Midlands estate agent Burchell Edwards to Connells in 2011, along with David Shepherd. As of December 2015, Purplebricks had a 60% share "among the top six online estate agents".[1]

Investors include Neil Woodford, Paul Pindar and Errol Damelin.[1][2]

On 3 December 2015, The Guardian reported that Purplebricks was set for floatation and would début on London's AIM on 17 December, with an anticipated valuation of £240 million.[1]

References

  1. 1 2 3 Kollewe, Julia (3 December 2015). "Purplebricks float expected to value online estate agent at £240m". The Guardian. Retrieved 3 December 2015.
  2. Steafel, Eleanor (3 December 2015). "Purplebricks becomes first online estate agent to list in London". The Daily Telegraph. Retrieved 3 December 2015.
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