TM Group Drives Digital Conveyancing Innovation with Acquisition of Lawtech Software Group

TM Group Drives Digital Conveyancing Innovation with Acquisition of Lawtech Software Group

TM Group, a market-leading property data and technology provider, has announced a significant strategic move to further enhance its position in the digital conveyancing technology space through the acquisition of Lawtech Software Group. This marks a crucial milestone in TM Group’s growth journey under AURELIUS´ stewardship, uniting two technological innovators with a common vision to shape the future of the legal and property technology landscape.

Lawtech Software Group is known for its cutting-edge platforms such as Verify 365 AML and KYC compliance, DynamicID identity verification, and Lawyer 365 consultation and onboarding tools. Under the leadership of CEO Rudi Kesic, Lawtech has delivered impressive growth through its wide range of law tech products since its launch in the UK legal sector three years ago.

Rudi Kesic, CEO of Lawtech Software Group, remarked, “This next phase in our journey is a major milestone for Lawtech as well as a leap towards transforming the legal technology landscape. Joining forces with TM Group drives us even further forwards in scaling our innovations, enhancing our tech products, and driving greater efficiency in digitising legal processes for the UK legal and conveyancing sectors.

Strengthening Core Propositions and Accelerating Growth Strategy

The integration of Lawtech Software Group’s products with TM Group’s digital conveyancing platforms is hailed by Thomas Maerz, CEO of TM Group, as a “game-changer” that sets new benchmarks for the industry. Maerz highlights the strategic importance of this acquisition, stating, “This is testament to AURELIUS´ close support and expertise in building up successful platforms. Furthermore, it marks a crucial step in strengthening TM Group’s core product propositions, enabling us to plug gaps in the conveyancing life cycle. The real value lies in accelerating our growth strategy, enhancing our value proposition after listening to our customers, and providing a springboard to future-proof our business.”

Maerz continued, “Our aim is not only to address current gaps in our proposition but also to make the process of buying and selling a house in the UK easier, faster, and more transparent for everyone in the future.”

TM Group’s Vision for Digital Innovation

This announcement closely follows the recent appointment of property tech expert Gary Barker as Chief Operating and Technology Officer. Gary shares insights into TM Group’s vision for digital innovation, stating, “TM Group sits at the heart of the homebuying journey, and this acquisition supports our objective to digitally transform this process and experience. Our mission is to ensure that the process of buying a home can be made simpler and easier, which is why I am excited to integrate Lawtech’s products into our platform. We will rapidly deploy ID checks, digital signatures, open banking, and address verification to our customers and partners, making the process faster, streamlined, efficient and all in one place. This is just the beginning of our innovation journey, and it demonstrates our commitment to change. I look forward to releasing more innovative products and solutions over the coming weeks and months.”

Jonathan Stebbings, TM Group’s Chief Commercial Officer, further highlighted the significance of the acquisition. “We are passionate about delivering consistent and consistently high levels of service to our clients. This next phase in the implementation of our strategy will enable white-labelled platform solutions that can be seamlessly embedded into our clients’ existing platforms, providing consistent workflows, flexibility, and more efficient processes as we make all stages of the end-to-end conveyancing journey simple for everyone, from client onboarding to post completion, invoicing and payment.”