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Asset/Investment Management
FINANCE | Real Estate
countrywide.co.uk

Investments

1

Portfolio Exits

1

Partners & Customers

4

About Countrywide

Countrywide is a property services group. The company operates in the United Kingdom and provides estate agency, lettings, financial services, land and new homes, auctions, surveying, conveyancing and property management services. On December 31st, 2020, Countrywide was acquired by Connells Group.

Headquarters Location

Greenwood House, 1st Floor, 91-99 New London Road

Chelmsford, England, CM2 0PP,

United Kingdom

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Latest Countrywide News

Punjab National Bank Selects Ebixcash To Operate Its Countrywide Enterprise

Dec 22, 2022

Punjab National Bank Selects Ebixcash To Operate Its Countrywide Enterprise The agreement involves the deployment of 1000+ dedicated EbixCash employees to assess, optimize and manage the EWAN, Data Center, and Disaster Recovery Sites (DRS) spread pan-India across the PNB headquarters, 24 zonal offices, 161 circle offices, and 16,250 branches Photo Credit : Reuters, EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries today announced that India’s second-largest Government-owned bank - Punjab National Bank (PNB), has selected EbixCash as its Network Integrator (NI) for designing, monitoring and managing its Enterprise Wide Area Network (EWAN) across India for a period of 3 years beginning July 1, 2021. The agreement involves the deployment of 1000+ dedicated EbixCash employees to assess, optimize and manage the EWAN, Data Center, and Disaster Recovery Sites (DRS) spread pan-India across the PNB  headquarters, 24 zonal offices, 161 circle offices, and 16,250 branches. With more than 180 million customers country-wide, PNB is a leading banking institution with a global expanse and the 2nd largest Government-owned bank in India. PNB has emerged as a leading financial institution following its merger with Oriental Bank of Commerce and United Bank of India and the addition of nine Regional Rural Banks under its aegis. PNB is an early adopter of technology and a market leader in providing technology-driven, customer-centric products and services. All the branch operations are performed through its Centralised Core Banking Solution (CBS). The CBS covers all the branches, ATM’s and SOLs (Service Outlets), which are connected to the Data Centre and DRS through the country-wide EWAN. Robin Raina, Chairman, President & CEO Ebix Inc, said, “This is a significant and highly prestigious win for EbixCash, to have been selected by one of the largest banks in the country, to service their networking needs. PNB is a technology-driven bank that has always shown the way to other financial institutions in terms of its use of technology. We see this as a great step forward for our RCS IT consulting division, in terms of both top-line generation and demonstrating its subject matter expertise. Also, this contract reinforces EbixCash’s positioning as India’s only end-to-end financial services player, with a disruptive pioneering position in back-end technology solutions as well as in the front end, distribution, exchange and consulting arenas.” Share this article:

Countrywide Investments

1 Investments

Countrywide has made 1 investments. Their latest investment was in Propoly as part of their Seed VC on June 6, 2020.

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Countrywide Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/22/2020

Seed VC

Propoly

$2.47M

Yes

2

Date

6/22/2020

Round

Seed VC

Company

Propoly

Amount

$2.47M

New?

Yes

Co-Investors

Sources

2

Countrywide Portfolio Exits

1 Portfolio Exit

Countrywide has 1 portfolio exit. Their latest portfolio exit was Propoly on August 03, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/3/2021

Acquired

$99M

1

Date

8/3/2021

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

Countrywide Partners & Customers

4 Partners and customers

Countrywide has 4 strategic partners and customers. Countrywide recently partnered with Monument on April 4, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

4/19/2022

Vendor

Bermuda

Monument Re goes into reinsurance agreement with Countrywide Assured

According to Countrywide , the firm entered into a new reinsurance agreement with Monument Re in Q4 2021 , under which the latter would provide 100 % reinsurance cover for the majority of annuity policies within the premium life and City of Westminster books of business .

2

9/28/2017

Vendor

United Kingdom

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10

8/18/2017

Partner

United Kingdom

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10

7/31/2012

Vendor

Canada

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10

Date

4/19/2022

9/28/2017

8/18/2017

7/31/2012

Type

Vendor

Vendor

Partner

Vendor

Business Partner

Country

Bermuda

United Kingdom

United Kingdom

Canada

News Snippet

Monument Re goes into reinsurance agreement with Countrywide Assured

According to Countrywide , the firm entered into a new reinsurance agreement with Monument Re in Q4 2021 , under which the latter would provide 100 % reinsurance cover for the majority of annuity policies within the premium life and City of Westminster books of business .

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Sources

2

10

10

10

Countrywide Team

2 Team Members

Countrywide has 2 team members, including former Chief Executive Officer, Harry Hill.

Name

Work History

Title

Status

Harry Hill

Chief Executive Officer

Former

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Name

Harry Hill

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Work History

Title

Chief Executive Officer

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Status

Former

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