Leaders Romans Group has acquired Alan Francis Estate Agents and Lettings Ltd, a Milton Keynes company which has operated in the city for 25 years.
LRG describes the purchase of Alan Francis Estate Agents, founded in 1999 by Jeremy Cull, as “a key milestone” in its expansion.
Company mergers and acquisitions director Matthew Light says: "This is our second acquisition in August, with more to come in the next few weeks and months. The acquisition of Alan Francis significantly enhances our already strong presence in the Milton Keynes area, allowing us to provide even better service to our clients."
However the Alan Francis title will continue to operate under a dual-branding arrangement with the local Leaders office: all current staff will transition to LRG bu the Alan Francis directors will exit upon completion of the acquisition.
Cull says: "After 25 years of building Alan Francis into a trusted name in Milton Keynes, I am confident that joining the Leaders Romans Group will provide our clients and team with even greater opportunities and resources. I look forward to seeing the continued success of the business under LRG's leadership."
LRG says this is all party of a “broader strategy to increase market share and strengthen … portfolio across the UK, particularly in key areas like Milton Keynes.”
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