Dexters London Limited
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Dexters London Limited - overview
Established
1993
Location
London, -, UK
Primary Industry
Real Estate Development & Operating Companies
About
Dexters London Limited is a prominent UK-based estate agency specializing in residential sales, lettings, and property management, providing a comprehensive suite of services tailored to meet diverse client needs in the London property market. Founded in 1993, Dexters London Limited operates as a leading estate agency based in London, UK. The company has engaged in various property services with no significant changes in business strategy noted since inception. It operates under the leadership of CEO Andrew Shepherd.
The founders, Harsh Bafna and Jeffrey Doble, have fostered a company that remains focused on the Central and Greater London markets. Most recently, Dexters secured GBP 13 million in a GROWTH round from Oakley Capital Private Equity in February 2021, marking the total amount raised at GBP 13 million from this investment. Dexters offers a full range of estate agency services in London, including residential sales, lettings, property management, and new homes developments. The firm provides free property valuations and market insights, assisting clients in informed decisions.
It caters to a wide array of clients such as individual property owners, investors, and corporations, addressing the unique needs of specific regions like Chelsea, Notting Hill, and Kensington. For the fiscal year 2024, Dexters reported a revenue of GBP 281,386,464. 80 and an EBITDA of GBP 59,199,803. 70.
The company's revenue primarily arises from commissions on property transactions, including sales and rentals, with structured fees aligned to the final transaction prices. Dexters plans to utilize the recent investment of GBP 13 million to expand its number of offices across London over the next three years. This strategic growth initiative is aimed at enhancing its market presence and operational capabilities. The company is focused on increasing its geographical footprint within existing markets, with specific details on new location targets to be defined in upcoming plans.
Current Investors
Oakley Capital
Primary Industry
Real Estate Development & Operating Companies
Sub Industries
Commercial Property, Real Estate Development & Operating Companies
Website
www.dexters.co.uk/
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Dexters London Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Keatons Group Limited | - | ||||||||
| Add-on | Completed | James Alexander | - | ||||||||
| Add-on | Completed | LiFE Residential | - | ||||||||
| Add-on | Completed | Marsh & Parsons Limited | - | ||||||||
| Growth | Completed | Dexters London Limited | - |
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