Dwelly have acquired an international property management and investment services firm Settio Property Experience.
The acquisition adds over 2,000 fully managed properties to the Dwelly network and brings with it offices in Manchester, Birmingham, London, and Singapore, providing Dwelly with an established international platform and strengthening its presence within the UK investment and property management sectors.
Sam Humphreys, Head of M&A, Dwelly, said, “This is a hugely important acquisition for Dwelly because it represents something entirely new for the business. Settio has built an international platform, connecting investors from around the world with opportunities across the UK property market. Through impressive organic growth, the business has established a strong reputation that extends far beyond the cities in which it operates.”
Samuel Fitz-Hugh, Co-Founder, Settio, said, “We’ve always prioritised client experience and transparency in a sector known to lack in both. Joining Dwelly allows us to continue that journey from a position of strength. Their investment in technology, operations, and people creates significant opportunities for the brand we’ve worked so hard to create, our team of amazing people, and most importantly, our clients who trust us with their assets. We’re excited about what comes next.”
Chris Parsonage, Co-Founder, Settio, said, “What makes this acquisition particularly exciting is the alignment between Settio and Dwelly. We share a belief in challenging the status quo, embracing innovation, and using technology to deliver exceptional outcomes for all stakeholders who interact with Settio.”
Whilst the company’s acquisition activity to date has focused on partnering with high-quality independent agencies across the UK like ALBERY TYSON LIMITED, the addition of Settio provides an established international platform, extensive overseas investor relationships, and a presence within the Asia-Pacific market.