EweMove founders collect the last of £9m in wake of share sales

March 23, 2019

EweMove's founders have apparently collected the rest of its £9 million in a payday expected to be confirmed soon.

The pair who founded EweMove, a UK-based online real estate agency, complete with its jokes, will be having the last laugh.

David Laycock and Glenn Ackroyd founded EweMove in 2014 and then sold it to successful property franchise, The Property Franchise Group in September 2016. 

David had spent years heading up the Customer Services division at Barclays and Glenn had been a property lawyer, spending his days unraveling the mess left behind by high street Estate and Letting Agents.

The business subsequently proved to be loss making for TPFG, while the two founders left the following June, before their final earn-out, which could have been worth another £7 million. The pair have now sold shares that they received as part-payment for the business.

Read more here

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March 23, 2019

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