acquisitions
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Features
Safe haven – take shelter in lettings
Richard Reed discovers that for many, lettings has turned out to be a port in a perfect storm. So why not acquire a lettings business?
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Movers & Shakers
My (bigger) Property Box
Specialist letting agent My Property Box has teamed up with a private equity firm as it seeks to expand its operations into West Yorkshire.
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Features
“Gimme shelter!” Is franchising the friend of tough housing markets?
It’s a tough life for agents right now. Both independents and the big corporates are under pressure, so, says Andrea Kirkby is franchising the way to weather the storm?
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Features
Let’s get together: best practice for mergers and acquisitions
Anita Rai, Employment Law Partner, and James Slinger, Partner, at international law firm Taylor Vinters, look at how estate agents and property groups can avoid common mergers and acquisition pitfalls.
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Latest property news
Cheffins acquires Dodson Jones
Multi-disciplinary property and auctioneering business, Cheffins, has acquired Dodson Jones, the Cambridge-based commercial property consultancy.
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Latest property news
Nick Dunning Associates acquires Stirling Ackroyd
Nick Dunning Associates has expanded its footprint in Central London and the city fringes with the acquisition of six-branch agency Stirling Ackroyd.
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Latest property news
Leaders’ growth continues
Leaders has purchased Bulmer Estates, a family-run business owned by Andrew and Rebecca Bulmer in West Bridgford.
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Latest property news
Acquisitions and departures
Hamptons International has snapped up Patterson Bowe property and lettings agency operating in Knightsbridge, Kensington and Chelsea. Established over 25 years ago, the central London based independent agency has built a reputation as one of the most successful Lettings Partnerships in the heart of the capital, and it is the strength of the firm’s lettings portfolio and the combined specialist client service offered by its staff that ultimately appealed to Hamptons International, according to Lesley Cairns, the company’s Head of Lettings. Cairns said, “We are delighted to have acquired Patterson Bowe; one of Prime London’s most esteemed Lettings agencies. Through organic and acquisitive growth, the lettings division at Hamptons International has doubled in size over the past eight years and today’s acquisition reflects the company’s strategic plan to further expand its market share. “We are very much looking forward to welcoming staff and customers of Patterson Bowe into our organisation, who as new employees and clients of Hamptons International will have access to a wealth of benefits and opportunities that come with being part of a large network.” All members of staff at Patterson Bowe have already joined Hamptons International’s Knightsbridge branch. Directors of the agency, Stuart Patterson and Allister…
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Uncategorised
Leaders continues on expansion trail
Leaders further increased its regional footprint by completing the acquisition of Southend-based Tudor Estates last week – keeping the firm’s expansion plans on course. The deal to acquire Tudor Estates, which was founded in 1959, comes just weeks after Leaders absorbed another Essex company into its national network. More Estate Agents, with branches in Clacton, Colchester, Chelmsford and Braintree, joined the organisation in January. This is Leaders’ third acquisition this year following a busy 2015 in which it spent over £25 million on 11 acquisitions and 32 new branches. Leaders now have 118 branches in total, including five in Essex. “Adding a fifth branch to our growing presence in Essex is fantastic news. We believe the county is home to an important property market with plenty of potential, Kevin Shaw (left), National Sales Director at Leaders, said. He added, “The Tudor team has gained a tremendous reputation in Southend over many years and we look forward to building on this. This acquisition gives us a chance to extend our coverage in Essex and roll out our range of services to more sellers and landlords.” The entire Tudor team has opted to remain with Leaders, and Luke Chiddicks, Sales Manager at…
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