dmgi::land&property europe, a division of DMGT (Daily Mail and General Trust plc, LSE:DMGT), has announced the conclusion of a strategic minority investment in OchreSoft Technology Ltd, the legal workflow specialist. As a result of the investment, dmgi::land&property europe is making substantial funds available for the future development of the business.
Mark Milner, CEO of dmgi::land&property europe, commented that the strategic investment will complement the group’s long-term growth strategy: “We are delighted to be investing in OchreSoft. The Company and the management team have built an excellent reputation as a quality legal workflow company and our investment will help them grow market share in both the conveyancing and private client legal workflow services sector.”
OchreSoft’s CEO, Richard Bretherton adds: “The investment from dmgi::land&property europe has enabled our original venture capital fund to exit and provides new funds for business growth and product development. Our new shareholders have extensive experience in our core sectors of property and private client services, meaning we have an exciting forward-thinking strategic partnership. DMGT itself has an impressive track record of long-term relationships and active support for its investments.”
For further information, visit www.dmgilp.com.