Roger Hamilton (pictured), the colourful entrepreneur busy building a global education empire has bought UK firm the Property Investors Network (PIN) for £10 million.
PIN was founded by property educator Simon Zutshi in 2003 and claims to be the largest networking organisation of its kind with groups in 50 cities, whose members are key buyers of investment bricks and mortar in many markets across the UK
It now joins the Genius Group, Hamilton’s global business that has been hoovering up education businesses like PIN across many sectors and countries and now has 1.4 million students in 200 countries. The group has spent $80 million since March this year acquiring businesses in the UK, New Zealand and the Seychelles.
The PIN network will now be rolled out across the Genius Group’s global network of 20,000+ cities.
Genius Group is currently seeking an IPO, valuing the company at $300 million. Its students include a wide range of clients from primary to entrepreneurs and covering financial literary to investment education, and the Group says the pandemic means more and more people are seeking online education platforms during lockdowns.
Zutshi (pictured) says: “With Property Investors Network having consolidated its market leading position in the UK over nearly two decades, I look forward to working with Roger and the team at Genius Group to leverage this success within the global market to empower property entrepreneurs all over the world.”
Zutshi and Genius Group have a long track record. Simon has been a student and investor within Genius Group for over a decade and used his knowledge from its technology education programme to start his property crowdfunding platform CrowdProperty, which claims to have completed property projects totaling £213 million.