Ambitious business duo snap up 78 year old agency

Franchisees from Belvoir have snapped up an independent agency in Reading.

The acquisition of Patrick Williams, which dates back 78 years, comes four months after the same franchisees purchased a second Belvoir territory.

Rob Forsyth and Jacob Felix from Belvoir Tadley says: “Patrick Williams has been established since 1945 and I believe is the second oldest independent agency in Reading. The previous owner, who is retiring, started his career there at the age of 16 and purchased the business in 1991, so he has run it for a very long time and has done a fantastic job.

“…The team at Patrick Williams, who have been there for 10 years plus, and have a fantastic online reputation, will be remaining with us. The high levels of customer service delivered by everyone at Patrick Williams will remain unchanged, and landlords and tenants can expect business as usual.”

Speaking of the acquisition, Belvoir chief executive Dorian Gonsalves says: “Rob and Jacob have been business partners for many years, and have done extremely well, winning many industry awards. 

“However, they are both very ambitious and innovative entrepreneurs, and from the early days recognised that the best way for them to further achieve their business goals was to acquire a second territory. 

“I am delighted that they not only recently secured the Belvoir Reading territory, but have now completed on this substantial acquisition, which will open a whole world of new business opportunities.

“Belvoir remains committed to its highly successful Assisted Acquisition Programme, helping franchisees to identify viable opportunities, and supporting them throughout the entire process.”