Miles & Barr has completed on a successful MBO/Share buyback. Mark Brooks has become the new Group Managing Director of the Miles & Barr estate agency group. Mark says, “Having been at M&B since March 2000, where I started as a trainee negotiator whilst I decided what I wanted to do with my degree, I have risen through the ranks and then joining three colleagues in buying-out the founding partners Christian Miles, Stuart Barr and Darren Ellis.
Mark says, “We have had lots going on here in East Kent over the years: We opened our first office in January 1999, we did our first £1m acquisition in 2002 doubling our business. We won ‘Kent Business of the Year in 2007’ the first Estate Agent to win the award. We grew to seven offices and 120 staff by Nov 2007… and the story continues through to this year and we have robust growth plans to expand our lettings portfolio over the coming years to a minimum of 5000+ homes.”
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