CVC has agreed to make a majority investment in Open Rent, the UK-based direct-to-landlord rental platform, with funds under its management backing the company's next phase of growth.

Founders Adam Hyslop and Darius Bradbury will retain significant stakes and continue to lead the company. Since its launch in 2012, Open Rent has evolved from a rental advertising disruptor into a comprehensive platform offering tenant search, referencing, contracts, deposits, rent collection, and other property services.

The platform now serves a community of over 8.8 million landlords and tenants, with more than one in five UK tenancies running through its system. The investment will fund further platform development, with upcoming tools designed to reduce the administrative burden, complexity, and cost of renting for both landlords and tenants.

The transaction is subject to customary regulatory approvals and is expected to close later in 2026.