Leaders has announced that it is back on the acquisition trail, with the purchase of a firm in Nottingham.
It has completed the purchase of Bulmer Estates, a family-run business owned by Andrew and Rebecca Bulmer.
It is the latest stage in Leaders’ ambitious expansion strategy, which saw it and sister company Romans acquire more than 100 businesses in the ten years to the end of 2016 to create a combined branch network of more than 150.
Leaders began in 1983 as a single-office business in Brighton which specialised in lettings, and now has over 100 branches.
Matthew Light, group acquisitions director at the Leaders Romans Group, said: “We are delighted to announce the acquisition of Bulmer Estates, a popular and successful company with a reputation for excellence in lettings and property management across Nottingham.
“The Bulmer Estates team will join forces with our existing branch in Nottingham to offer a comprehensive range of services not only to landlords and tenants, but also to those looking to sell a property in the city.
“This acquisition represents continued growth for Leaders and is a sign of our confidence in the market.
“What’s more, we have a number of other acquisitions in the pipeline and we look forward to expanding our business further during the second half of 2017.”
Mr and Mrs Bulmer wished to sell their firm in order to concentrate on other business opportunities. The sum has not been disclosed.
Leaders initially moved into Nottingham in 2015 with the acquisition of PWR Lettings & Sales.