The UK's 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.
The firm said that the acquisition of the brands would add significant growth to areas LRG already covers but is underrepresented in, supporting its continued growth plans. All branches will remain under their current brands.
Nick Dunning, CEO at 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.'
Michael Cook, CEO at LRG, commented: '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.'
George Thomas, CEO at Alexander & Co, added: 'Alexander & Co and Peter Ball are well-established businesses that have been helping people let and buy homes for over 50 years.
'Our three core business values of being personal, proactive and ethical blend perfectly with those of LRG, and I am confident our clients and team will thrive as part of the wider LRG group.'
