Leaders Romans Group (LRG) has acquired Stirling Ackroyd, Alexander & Co and Peter Ball, residential sales, lettings and surveying businesses operating multiple branches across London, Surrey, Oxfordshire and Gloucestershire.
According to the Wokingham-headquartered firm, the acquisition adds significant growth. All branches will remain under their current brands.
Nick Dunning, CEO of Stirling Ackroyd and George Thomas, CEO at 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 at LRG, said: “Stirling Ackroyd represents our second largest acquisition with 31 branches, with Alexander & Co’s ten 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 officer at LRG, added: “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.”
