Agency consolidation continues with new franchise acq...

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22 April 2021

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By Graham Norwood

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Agency consolidation continues with new franchise acquisition

The Property Franchise Group has made another acquisition, this time in the seaside town of Weymouth.

TPFG’s Martin & Co brand has just completed the acquisition of Cornerstone Estates adding 233 properties to its business.

Philip Wakefield acquired Martin & Co Weymouth in 2012 having previously worked as a financial adviser.

He says: “We are delighted to welcome all of Cornerstones Estates landlords and tenants to Martin and Co. We believe our blend of professionalism, service and friendliness is unique in the town and we are looking forward to sharing this with all our new clients.”

Eric Walker - managing director of Martin & Co, South & Scotland at The Property Franchise Group - adds: “This a fantastic acquisition made all the more significant as Weymouth is such a sought-after location with very few properties available to rent.

“The landlords who join us will benefit from our dedicated service levels together with the peace of mind knowing we will deal with the increasing regulatory burden which concern many.”

He says Martin & Co is currently seeking further acquisition opportunities.

Walker says: “We have many franchisees looking to acquire businesses of all sizes so please get in touch if you are considering selling or joining our growing network.”