Street Group

Street Group, a prominent UK PropTech firm offering vertical software and AI solutions for the residential property sector, has successfully secured a strategic growth investment of £7 million from private equity investor Hg. This transaction values Street Group at more than £200 million and includes participation from Hg's institutional clients through its Hg Mercury Fund.

Summary of transaction details:

• Value: £7 million investment; company valued at over £200 million
• Sector: Software & SaaS (PropTech)
• Advisor: Not disclosed
• Key Entities: Street Group (Target), Hg (Lead Investor)
• Location: Manchester (Street Group), London (Hg)

Note: This investment underscores Hg's strategy of backing category leaders with strong technical edges and accelerating growth in the software and AI sectors. For Street Group, the funding will enable further investment in product development, technology, and talent, supporting its mission to innovate how estate and letting agents operate.