Monroe Capital increased the credit facility to Reapit Group to support the addition of Agentbox. The combined company is backed by Accel-KKR, a technology-focused investment firm.

Agentbox, a real estate CRM company in Australia joins the Reapit Group, one of the largest CRM and property management providers to the UK residential real estate sector, to deliver comprehensive solutions to agencies across sales and property management in the Australian market.

The two businesses will remain operationally independent, but will form a close strategic and technical partnership to provide Australian real estate agencies with an unprecedented range of options, functionality and support.