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Purplebricks
Purplebricks is an online estate agent which operates in the UK. Founded in 2012 by Michael Bruce and Kenny Bruce, it is backed by investors that include venture capital firm DN Capital as well as Neil Woodford, Paul Pindar, and Errol Damelin. History Early history Michael and Kenny Bruce conceived their idea for an online estate agency in 2012. Property sales in the United Kingdom had historically been handled by traditional (or "high street") estate agencies. The brothers previously led one such agency, Burchell Edwards, and believed that a lower-cost, digital model for residential property sales could be developed that reduced expenses associated with running a chain of physical offices. The name “Purplebricks” was chosen for this venture while brainstorming around a kitchen table. The founders felt that the colour purple symbolised "regalness" while "bricks" reflected property and technology, and that “Purplebricks” would be a recognisable brand name. The c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Bruce (entrepreneur)
Michael Bruce (born 28 June 1973) is a British entrepreneur, and the co-founder and ex CEO of the online estate agent Purplebricks. After studying Law in Southampton, Bruce embarked upon a legal career before purchasing Midlands estate agent Burchell Edwards with his brother Kenny in 2006, eventually selling it to Connells in 2011. Together with his brother they would go on to found Purplebricks in 2012, with the company floating on the Alternative Investment Market AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows ... in December 2015 for $300m and increased in value to over $1billion before falling back to £300m by May 2019. Purplebricks has launched in the UK, Australia and the US and raised £100m from Axel Springer. In May 2019 Michael stepped down from his role as Chief Exec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Pindar (businessman)
Paul Richard Martin Pindar (born 11 April 1959) is an English businessman. He is best known for his 23-year tenure as managing director and chief executive of Capita plc, a provider of business process outsourcing (BPO) services in the UK. Career Pindar trained as a chartered accountant with Coopers & Lybrand, qualifying in 1984, before joining private equity firm 3i as investment controller. Capita Pindar joined Capita in 1987, initially as finance director, then managing director in 1991, and chief executive in 1999. He was the third-longest serving FTSE 100 CEO after Martin Sorrell and Aidan Heavey when he stood down in 2014. He joined the business after advising on the £330,000 management buyout (MBO) while working for 3i. When he joined Capita, it had 33 employees and revenues of £1.3 million. The company was subsequently floated on the USM in 1989 with a market capitalisation of £8 million. Since this IPO Capita has been the best performing UK share. On 18 N ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DN Capital
DN Capital is an international venture capital firm headquartered in London that invests in technology companies. It was founded in 2000 by Nenad Marovac and Steve Schlenker, two Harvard Business School classmates. Investments and exits DN Capital has raised approximately $600 million. Among other roles, the firm looks to help US companies enter the European market. The firm's notable exits include: * Shazam (acquired by Apple for approximately $400 million) * Datanomic (acquired by Oracle) * Quandoo (acquired by Japan's Recruit Holdings for $219 million) * Kana (acquired by Verint Systems for $514 million) * Apsmart (acquired by Thomson Reuters) * Endeca (acquired by Oracle for $1.1 billion) * Purplebricks () Awards DN Capital was awarded the Best Venture Fund of the Year at the 7th annual Private Equity Exchange Awards in Paris in 2016. Nenad Marovac was awarded the Investor of the Year award at the 14th annual Investor Allstars Awards in London in 2016. In 2017 DN C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Financial Review
''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New South Wales, Australia; owned by Nine Entertainment and has been published continuously since its founding in 1951. The ''AFR'', along with the rest of Fairfax Media (aside from some publications which were sold to Australian Community Media), was sold to Nine Entertainment for more than A$2.3 billion.Mergermarket - An Acuris company. (n.d''.). Fairfax Media Limited Nine Entertainment Co. Holdings Ltd Merger.'' Retrieved from www.mergermarket.com/Common/Mergermarket/Deals/DealDetails.aspx?dealsysid=933952&extern=19&id=239512&contextid=1018456074&zone=205¤cyCode=AUD The ''AFR'' is published in tabloid format six times a week, whilst providing 24/7 online coverage through its website. In November 2019, the ''AFR'' reached 2.647 million A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Axel Springer SE
Axel Springer SE () is a German digital and popular periodical publishing house which is the largest in Europe, with numerous multimedia news brands, such as '' Bild'', ''Die Welt'', and '' Fakt'' and more than 15,000 employees. It generated total revenues of about €3.3 billion and an EBITDA of €559 million in the financial year 2015. The digital media activities contribute more than 60% to its revenues and nearly 70% to its EBITDA. Axel Springer’s business is divided into three segments: paid models, marketing models, and classified ad models. Since 2020, it is majority-owned by the US private equity firm KKR. Headquartered in Berlin, Germany, the company is active in more than 40 countries, including subsidiaries, joint ventures, and licensing. It was started in 1946/1947 by journalist Axel Springer. Its current CEO is Mathias Döpfner. The Axel Springer company is the largest publishing house in Europe and controls the largest share of the German market for daily ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Times
''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper '' The Sunday Times'' (founded in 1821) are published by Times Newspapers, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. ''The Times'' and ''The Sunday Times'', which do not share editorial staff, were founded independently and have only had common ownership since 1966. In general, the political position of ''The Times'' is considered to be centre-right. ''The Times'' is the first newspaper to have borne that name, lending it to numerous other papers around the world, such as '' The Times of India'', ''The New York Times'', and more recently, digital-first publications such as TheTimesBlog.com (Since 2017). In countries where these other titles are popular, the newspaper is often referred to as , or as , although the newspaper is of nati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Watchdog (TV Series)
''Watchdog'' is a British consumer investigative journalism programme, broadcast on BBC One from 1985 to 2019. The programme focused on investigating complaints and concerns made by viewers and consumers over problematic experiences with traders, retailers and other companies around the UK, over customer services, products, security, and possible fraudulent/criminal behaviour. Since it first began, the programme had achieved great success in changing the awareness consumers have of their purchasing rights, as well as pushing forward for changes in company policies and consumer laws, and in some cases helping to close down businesses whose practices have left many people dissatisfied and out of pocket. The show's longstanding slogan was "the programme you cannot afford to miss". In the course of its history, ''Watchdog'' would spawn a number of spin-off shows, and be presented by a variety of hosts. It started as a feature on '' Nationwide'' in 1980 before it became a standalone ser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capita
Capita plc, commonly known as Capita, is an international business process outsourcing and professional services company headquartered in London. It is the largest business process outsourcing and professional services company in the United Kingdom, with an overall market share of 29% in 2016, and has clients in central government, local government and the private sector. It also has a property and infrastructure consultancy division which is the fourth largest multidisciplinary consultancy in the UK. Roughly half of its turnover comes from the private sector and half from the public sector. Whilst UK-focused, Capita also has operations across Europe, Africa and Asia. Capita is listed on the London Stock Exchange. History Capita was formed in 1984, as a division of the non-profit CIPFA (Chartered Institute of Public Finance and Accountancy). In 1987, it became an independent company with 33 staff as a result of a management buy-out, led by Rod Aldridge, and was first listed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fidelity Investments
Fidelity Investments, commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is an American multinational financial services corporation based in Boston, Massachusetts. The company was established in 1946 and is one of the largest asset managers in the world with $4.5 trillion in assets under management, now as of December 2021 their assets under administration amounts to $11.8 trillion. Fidelity Investments operates a brokerage firm, manages a large family of mutual funds, provides fund distribution and investment advice, retirement services, index funds, wealth management, securities execution and clearance, asset custody, and life insurance. History The "Fidelity Fund" became Fidelity Investments under Edward C. Johnson II; incorporated in Massachusetts, May 1, 1930. During the Great Depression, the "Fidelity Fund" was the only fund approved by John C. Hull in his term in office as Securities Director for Massachusetts because of widesp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Artemis (fund Managers)
Artemis Investment Management LLP and its subsidiary Artemis Fund Managers Limited are a UK–based fund management business, offering a range of funds which invest in the UK, Europe, the US and around the world. Clients' investments are spread across a range of funds, two investment trusts, a venture capital trust, and both pooled and segregated institutional portfolios. History Artemis was founded in 1997. In 2002 a majority stake was acquired by ABN AMRO; that stake subsequently passed to Fortis. Following a management buyout in 2010, Artemis is owned by Affiliated Managers Group (AMG) and the Artemis partners. This is a financial partnership: AMG does not get involved in the day-to-day running of the business. Artemis is a Limited Liability Partnership A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Old Mutual
Old Mutual Limited is a pan-African investment, savings, insurance, and banking group. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchange and the Botswana Stock Exchange. It was founded in South Africa by John Fairbairn in 1845 and was demutualised and listed on the London Stock Exchange and other stock exchanges in 1999. It introduced a new strategy, called 'managed separation', that entailed the separation of its four businesses – Old Mutual Emerging Markets, Nedbank, UK-based Old Mutual Wealth and Boston-based Old Mutual Asset Management (OMAM) – into standalone entities in 2018. This led to the demerger of Quilter plc (formerly 'Old Mutual Wealth') and the unbundling of its shareholding in Nedbank. The business, which is now largely based in South Africa, provides sponsorship and supports bursaries at South African universities. History The company was founded in 1845 as a mutual insurance company by John Fai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
