badger holdings

Nick Dunning buys second lettings business

Nick Dunning Associates has revealed the purchase of another property business, Adams Property, a single-branch, lettings-only agency in Ealing, West London (pictured, right). Adams Property has been bought largely for its management book, which includes 700 properties in and around Ealing, and its reputation. The company was started up in 1993 and will now be added to the Badger Holdings portfolio, which Nick Dunning Associates acquired in late January this year. Badger Holdings operates the Townends and Regents high street brands which total 26 branches in London, Surrey, Middlesex and Hampshire. Adams Property is a trading name of and shares a registered address and most of the directors, of Middlesex Properties Management, which specialises in buy-to-let portfolio management and was set up in 1989. Badger Holdings The Badger Holding acquisition took place soon after Reading-based Nick Dunning Associates was launched, backed by an unnamed private equity investor and staffed by former Countrywide colleagues of Dunning’s. These include Julian Irby, who is the company’s CFO, Matt Hewitt, who is its Commercial Director and Sales Director Graham Harrison. Dunning says his company will acquire 20 lettings-only or focused business a year for the next five years in a bid to become a…

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