Hometime is cashed-up and hot for acquisitions after finishing off an equity raising.
Street Talk can reveal the Airbnb property management start-up – which previously received financial backing from NAB Ventures and ASI Growth – has raised $10 million in a funding round led by Dane Roberts’ Fifth Estate Asset Management. At the same time, it’s putting the finishing touches on a debt deal that’s slated to close within weeks.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
