British property portal, Rightmove, has finally completed its acquisition of Van Mildert Landlord and Tenant Protection Limited (Van Mildert), a tenancy referencing firm, which was originally announced two months ago.
The deal, reported to be worth some £16 million, has to await approval from the Financial Conduct Authority: has finally come through and has been green lit.
The portal company says the acquisition will support its Rightmove Tenant Passport platform, which allows tenants to create an online profile to connect with letting agents and landlords.
Peter Brooks-Johnson, Chief Executive of Rightmove, said when the acquisitions was first announced in July: “We’re looking forward to welcoming Van Mildert, a highly respected tenant referencing company, to the Rightmove family."
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