December 7, 2017 | Announcements

GCA Advises Mobysoft on Its Minority Investment From Livingbridge

GCA acted as exclusive financial advisor to Mobysoft, a leading provider of predictive analytics software for the affordable housing market, on its minority investment from private equity firm Livingbridge. This deal represents GCA's 36th software and tech-enabled services transaction of 2017 and ninth advisory in the real estate technology sector.

Mobysoft’s software is used daily by property managers operating almost a fifth of the UK’s 5.2 million affordable housing properties. The company’s core product, RentSense, is a Software as a Service (SaaS) based predictive analytics tool that helps affordable housing landlords more effectively and efficiently secure rent payments. Using a range of data, including historic trends, RentSense’s algorithms identify potential collection issues, saving time by allowing staff to focus on the highest priorities and cutting arrears by tens of millions of dollars a year.

Growing rent arrears is an issue for the UK’s affordable housing providers. Rent reductions, welfare reform and increased numbers of tenants are adding to cost pressures in the sector and driving the need for greater efficiency. Mobysoft will use Livingbridge’s investment to increase its affordable housing market share, expand its geographical presence, introduce its predictive analytics software into new verticals and further invest in its people.

This deal adds to GCA’s substantial track record in the real estate technology sector, having recently advised on Skyslope’s sale to Fidelity National Financial and Commission Inc.’s sale to Fidelity National Financial.

About GCA
GCA is a premier global investment bank serving a broad client base through a range of advisory services including mergers and acquisitions, debt and equity capital markets, private funds, restructuring, and asset management. GCA is a global advisor providing insightful advice and is focused on building long-term relationships based on trust. GCA delivers deep expertise in many key industries and has a particular focus in Technology, Software, Media, Digital Media, Communications, Industrials and Industrial Technology, Healthcare, Financial Institutions, FinTech and Business Services. GCA has teams of highly experienced bankers in San Francisco, New York, Tokyo, Frankfurt, London, Manchester, Milan, Mumbai, Munich, New Delhi, Osaka, Shanghai, Singapore, Tel Aviv and Zurich. For more information, visit gcaglobal.com.

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