The company provides sale-to-settlement services, encompassing all the activities between a buyer and seller agreeing to transact a property through to completion of the sale.The investment is a doubling down for CVC, which also backed the company in 2019.
Deep Blue Company operates three brands - Conveyancing.com.au, Rapid Building Inspections and Buildinginspections.com.au. Started by CEO Chris Lane more than eight years ago, the company was founded on the premise that conveyancing shouldn’t be complex, opaque and misunderstood, rather it should be simple and affordable for property purchasers.The company has a history of acquisitions, buying Rapid Building Inspections in April 2018 and First Class Legal, which it acquired in September last year.
The fresh capital injection is expected to support a new acquisition of a conveyancing business in Queensland and NSW which operates 26 franchises. The funds will also support its automation road map, with plans in place to automate more steps of the conveyancing process.Connect with