Dexters London Limited

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

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 TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedKeatons Group Limited-
Add-onCompletedJames Alexander-
Add-onCompletedLiFE Residential-
Add-onCompletedMarsh & Parsons Limited-
GrowthCompletedDexters London Limited-

Displaying 1 - 5 of 5

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.