Nick Dunning snaps up London agent Stirling Ackroyd

Six-branch estate and letting agency Stirling Ackroyd has been bought by Nick Dunning Associates, it has been revealed. Stirling Ackroyd was started up in 1987 in Shoreditch and has grown into a major name in London both for residential and commercial property sales and lettings. It currently manages some 1,400 residential properties in the capital. In January of this year the company’s directors met to agree a Corporate voluntary arrangement, which enables companies that are technically insolvent to continue trading by paying back creditors over a fixed period. Stirling Ackroyds most recent accounts are also overdue, according to Companies House. Stirling Ackroyd has branches in Bankside, Clerkenwell, Hackney, West End and Chatsworth Road, alongside its original Shoreditch branch (pictured, above). Stirling Ackroyd Nick Dunning Associates has ambitious plans for the company including a programme of investment in Stirling Ackroyd’s branch network and infrastructure, and an expansion programme to grow the business three-fold in three years both new branch openings and acquisition. This is the third agent brand Nick Dunning Associates has bought this year, following the purchase of Adams Property in Ealing this June and Badger Holding Group, owner of Townends and Regents, in January. “We are very excited about…