Online conveyancing search service SearchFlow has announced that it is to acquire its majority shareholder ESRI (UK) stake, giving the SearchFlow management full ownership of The Conveyancing Channel, the licensed provider of the National Land Information Service.

SearchFlow was the UK’s first online service for conveyancing searches and was given three years exclusivity to allow it to build the new market and stimulate Local Authority involvement. The transaction was funded by Barclays Ventures.

Stephen Bennett and Mike Simson advised Searchflow on the transaction.