Go to deals
Private Equity | Real Estate | TMT

Propic has secured a Series A investment

Propic has successfully completed its Series A raising of US$4.4 million. Funds raised will be used to expand the marketing of Propic’s products in Australia and internationally. The investment has been made by Australian Community Media (ACM), Australia’s largest privately owned media company.

Propic, an Australian-based proptech start-up, has developed two AI solutions that enable real estate agents and property managers to serve their consumers 24/7, along with a platform that tracks every property in Australia, every day. Propic’s products are used by a growing number of Australia’s leading real estate brands.

Oaklins’ team in Australia acted as corporate advisor to Propic in this transaction.

Talk to the deal team

Andrew Woodmore

Director
Melbourne, Australia
Oaklins Henslow

Ryan Whitelegg

Managing Director
Melbourne, Australia
Oaklins Henslow

Related deals

He-Man Dual Controls has been acquired by Lagercrantz UK Limited
Private Equity | Automotive | Industrial Machinery & Components

He-Man Dual Controls has been acquired by Lagercrantz UK Limited

Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.

Learn more
All Glass & Windows has been recapitalized by Cross Rapids Capital
Private Equity | Construction & Engineering Services

All Glass & Windows has been recapitalized by Cross Rapids Capital

Prospect Partners has sold All Glass & Windows (AGW) to Cross Rapids Capital.

Learn more
Transcon Developers Private Limited has raised structured debt finance
Real Estate

Transcon Developers Private Limited has raised structured debt finance

The transaction is a landmark resolution in the distressed real estate sector, involving a structured solution of US$64.6 million (INR5.5 billion) for a leading real estate developer in the Mumbai Metropolitan Region (MMR). The transaction was backed by a global special situations investor. The project had a total debt carrying value of approximately US$76.3 million (INR650 crore), of which US$29.4 million (INR250 crore) was deemed unsustainable.

Learn more