Dwelly confirms their seventh acquisition of 2026, they have acquired leading international property management and investment services firm Settio. The business has clients across 17 countries, and Dwelly will be considerably accelerating its reach among international property investors with this deal.
The acquisition adds over 2,000 fully managed properties to the Dwelly network and brings with it offices in Manchester, Birmingham, London, and Singapore, providing Dwelly with an established international platform and significantly strengthening its presence within the UK investment and property management sectors.
Dwelly has formed strong momentum in 2026 already, with earlier acquisitions in the year of Cheltenham-based agencies Move and Elliot Oliver.
“This is a hugely important acquisition for Dwelly because it represents something entirely new for the business. Settio has built an exceptional international platform, connecting investors from around the world with opportunities across the UK property market. Through impressive organic growth, the business has established a strong reputation that extends far beyond the cities in which it operates.
“Businesses of this calibre don’t come to market very often and in recent years Settio’s founders received interest and offers of acquisition from other parties, so we’re incredibly proud that Samuel and Chris decided the opportunity was right and chose Dwelly as their long-term partner because it validates what we’re building.
“Our approach isn’t about absorbing great businesses into a corporate structure, it’s about preserving what makes them successful and helping them grow even further.
“Most importantly, this acquisition significantly strengthens our international presence and gives us an established platform from which to support a growing global client base.
“As property investment becomes increasingly borderless, the businesses best placed to succeed will be those that can combine local expertise with international reach, and this acquisition represents a major step forward in that regard.”
Sam Humphreys, Head of M&A, Dwelly
The scale of the deal takes Dwelly’s real estate portfolio under management to an estimated 14,000 properties nationwide, further reinforcing its position as one of the UK’s largest lettings businesses and marking another key milestone in the company’s rapid expansion.
The company was founded in 2017 by Samuel Fitz-Hugh and Chris Parsonage, Settio has built a reputation as one of the UK’s leading investor-focused property businesses, managing over £600m of property assets and serving clients across 17 countries through its UK and Singapore operations.
“From the outset, our ambition was to build a business capable of supporting remote and international investors to an exceptional standard through every stage of their interaction with the UK property market.
“We’ve always prioritised client experience and transparency in a sector known to lack in both. Joining Dwelly allows us to continue that journey from a position of strength.
“Their investment in technology, operations, and people creates significant opportunities for the brand we’ve worked so hard to create, our team of amazing people, and most importantly, our clients who trust us with their assets. We’re excited about what comes next.”
Samuel Fitz-Hugh, Co-Founder, Settio
The business was established to provide a more comprehensive service to international investors purchasing UK property and has since grown into a multi-office operation supporting investors, landlords, tenants, developers, and homeowners throughout the property lifecycle.
The acquisition represents a strategic evolution in Dwelly’s expansion story. Whilst the company’s acquisition activity to date has focused on partnering with high-quality independent agencies across the UK like Albery Tyson, the addition of Settio provides an established international platform, extensive overseas investor relationships, and a significant presence within the Asia-Pacific market.
“When we founded Settio, the ambition was to create a business that would sit at the forefront of innovation to enhance client experience.
“As AI begins to redefine what’s possible across our industry, we feel this is exactly the right moment to take that vision to the next level.
“What makes this acquisition particularly exciting is the alignment between Settio and Dwelly. We share a belief in challenging the status quo, embracing innovation, and using technology to deliver exceptional outcomes for all stakeholders who interact with Settio.
“The synergy between our organisations, our cultures, and our long-term ambitions is clear, and I’m incredibly excited about what we can achieve together as we continue to shape the future of the property experience sector.”
Chris Parsonage, Co-Founder, Settio
Dwelly mentions the acquisition aligns with its wider company strategy of partnering with exceptional businesses whilst preserving the people, culture, and expertise that made them successful, combining these strengths with improved operational infrastructure and AI-led technology to help accelerate future growth.
“Dwelly has shown real ambition in the lettings sector, and this acquisition is another strong example of the type of strategic growth they are pursuing. From our perspective as brokers for Settio, it was clear from the level of interest received that this was a highly attractive business.
“Settio demonstrated the qualities serious buyers are looking for: scale, strong recurring income, an impressive managed portfolio, international reach, and a clear focus on service and innovation.”
Lucy Noonan, Founder and CEO, Atomic Consultancy
