Nurtur PropTech group – best known for brands such as The Property Jungle, LeadPro, BriefYourMarket, Yomdel, KnowYourMarket and Starberry – has bagged new private equity investment. 

Growth Capital Partners (GCP) has signed a binding agreement to invest in Nurtur Group, which previously owned The Guild and Fine & Country.

Under majority shareholder Toscafund, Nurtur has grown its headcount to over 200 in the UK and India.

Chief executive Damon Bullimore says: “We specifically targeted GCP as a partner due to their specialism in investing in technology businesses, excellent track record of supporting value creation and the supportive partnership style they offer.

“We believe that GCP is the right investor to support us through this next phase of growth, and we are looking forward to the partnership.”

Matthew Siebert, Toscafund partner and a Nurtur director, says: “Toscafund has been invested in Nurtur and its predecessor since 2015 and has been delighted to help underpin the growth of this exciting software business over the last nine years. We are equally as pleased to continue to support the next phase of growth backed by GCP.

“Damon and the whole team have built a unique suite of products and services that are resonating with clients from SoHos to enterprise customers. As the business enters its next phase of growth, by adding a new specialist investor such as GCP will ensure a strong footing for Nurtur to move forward with confidence.”

GCP says the investment in Nurtur aligns with its strategy of backing ambitious technology-led businesses delivering value for end clients through automation, data insight and AI.