Leader Romans Group (LRG) has acquired three estate agents which operate across London, Surrey, Oxfordshire and Gloucestershire.
Stirling Ackroyd, Alexander & Co and Peter Ball are now part of the LRG set up, plugging some geographical gaps in the areas it covers.
All branches will remain under their current brands.
Nick Dunning, chief executive of Stirling Ackroyd and George Thomas, chief executive of Alexander & Co, will leave their respective businesses after a short transition period. All remaining team members will transfer to LRG.
Matthew Light, group mergers and acquisitions director for LRG (pictured), said: “Stirling Ackroyd represents our second largest acquisition with 31 branches, with Alexander & Co’s 10 branches also joining the LRG group of brands in the same week.”
“Stirling Ackroyd is a fantastic business that increases our share of the London market, particularly on the lettings side.
“The acquisition of Alexander & Co follows a long relationship with George Thomas, which has enabled us to reach an agreement when the time was right for both parties to work together. The acquisition brings high-quality lettings business and a strong presence in the sales market in the towns where they trade.”
Michael Cook, chief executive of LRG, said: “Starting 2024 with the acquisition of three fantastic, well-known and respected brands cements our five-year strategy, focusing on growth across the UK. I’m delighted to welcome all new team members to the LRG group.”
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