Six-figure sum raised via crowdfunding and government backed scheme
Ashtons Legal has advised easyProperty on an £800,000 fundraise to secure finances for its future growth.
The franchised estate agency is part of the easy family of brands owned by serial entrepreneur Sir Stelios Haji-Ioannou’s easyGroup.
The Ashtons team, which advised easyProperty on the legal issues surrounding the raising of funds, was led by partner James Tarling and included members of the firm’s specialist franchise team.
Investment was raised via the Seedrs crowdfunding platform, with matched funding coming from the government backed British Business Bank Future Fund loan scheme.
David Brierley, easyProperty CEO, says: “Working with James and his team was a pleasure and nothing was too much trouble, despite the very tight deadlines we ended up working to and the need for calls with multiple participants dotted around Europe.”
James Tarling says: “It’s been great working with David and his team as they take such an iconic brand into a new market.
“We have worked with many businesses as they scale for future growth, despite the significant challenges in the corporate marketplace over the last year.
“We look forward to continuing to work with the easyProperty team as they expand their business over the coming months and years.”