The long-standing top management team at Badger Holdings have all quit, months after the business was acquired by Nick Dunning Associates.
None of the three had, as of yesterday, updated their LinkedIn profiles.
Nick Dunning himself has become interim CEO.
Group chief executive Seamus Kavanagh had been at Townends, part of what is now Badger Holdings, since launch in 1995 and sped up the ranks, landing the top job in 2012.
His wife Caroline Kavanagh was at the company for 19 years. She was managing director of Townends Lettings and Management, and head of residential at Badger.
Janet Tully was group HR director, a position she had held for over 21 years.
The business now known as Badger Holdings was founded by Tony Addinall in 1995 and has 26 offices in Surrey, Middlesex and London.
In February, it was announced that Nick Dunning Associates had bought the business for an undisclosed sum – the first of what is intended to be a large number of purchases.
The company, which says it will be making 20 purchases of lettings-focused business a year for the next five years, is led by former Countrywide commercial director Nick Dunning, with a team of other ex-Countrywide seniors.
Yesterday, the departures of Badger’s top trio was confirmed.
A spokesperson for Nick Dunning Associates said: “Seamus Kavanagh, Caroline Kavanagh and Janet Tully were shareholders in the Badger Holdings Group.
“Having worked so hard over recent years, they decided to take a well-earned career break and enjoy some time off over the summer.
“We thank them for their hard work and dedication, and wish them well for the future. The way they have developed and grown the Badger Holdings Group over the past 20 years is remarkable.
“Nick Dunning has taken up the position of CEO in the interim.”