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Cloud-based software and technology company Dye & Durham Ltd. says it has acquired TM Group (UK) Ltd. for approximately $156-million.

TM Group provides online services for residential and commercial real estate transactions in England, Wales and Scotland.

Dye & Durham chief executive Matt Proud says the deal will help grow its business in Britain.

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The company says the transaction will be financed with cash on hand.

The deal follows an acquisition by Dye & Durham of GlobalX Information Pty Ltd. in Australia for $159-million earlier this month.

GlobalX provides services and software, including online property and business regulatory information, to law firms, financial institutions and other clients.

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