CVC Acquires Majority Stake in OpenRent Lettings Platform

CVC acquires majority stake in OpenRent lettings platform

Luxembourg-based private equity firm CVC has acquired a majority stake in OpenRent, Britain's largest lettings agency by transaction volume, in its first major investment in the UK residential housing market. The deal, subject to regulatory approval, will see founders Adam Hyslop and Darius Bradbury retain significant equity whilst continuing to lead the business. The post CVC acquires majority stake in OpenRent lettings platform appeared first …

UK's largest lettings agency bought by huge private equity firm

OpenRent's founders have sold a majority stake in their firm to Luxembourg-based CVC, although the money involved has not been disclosed.

OpenRent secures major investment from CVC

The partnership is set to back OpenRent’s next phase of growth, focusing on making the rental process simpler for landlords and tenants.