Expanding across four counties with the acquisition of Lenwell

October 30, 2020 PR Officer

Leaders Romans Group (LRG) is further strengthening its presence in Bedfordshire, Hertfordshire, Buckinghamshire and Northamptonshire with the acquisition of Lenwell – a well-respected multi-office lettings agent.

Lenwell was established in 1990 with the opening of its Luton office. Today, it manages thousands of properties across seven offices in Luton, Bedford, Milton Keynes, Hitchin, Northampton, Dunstable and Aylesbury. Through its Leaders brand, LRG already has strong representation in Milton Keynes and Bedford, but this acquisition represents an opportunity to support more landlords and tenants in these areas. It will also enable LRG to establish itself in five new markets, building upon Lenwell’s strong legacy.

The move will also see LRG welcome 46 Lenwell employees to its group, all of whom boast expert knowledge of their local areas. Former owner of Lenwell, Rob Wellstead, will take up the position of consultant to LRG.

I am very happy I have found a great company in LRG to take care of my business and staff in the future

Rob Wellstead, former owner of lenwell and now LRG consultant

Matthew Light, Director of Group Mergers and Acquisitions at LRG, said: “We are delighted to complete this acquisition and welcome yet another strong business to the LRG group. We are equally excited to have gained more than 40 expert staff members. This fits into the LRG ethos of providing our customers with the best, and most trusted, local experts. I am also delighted that Rob has become a consultant to LRG, ensuring that his vast knowledge of the business is not lost.”

“We are confident that business will continue as normal for our acquired Lenwell clients, and they will continue to benefit from the excellent customer service that they have come to know and expect.”

“I am very happy I have found a great company in LRG to take care of my business and staff in the future. We have achieved a great deal over the past 30 years, and it’s been an absolute privilege leading such an amazing group of people. Lenwell has been part of my family for all of my adult life – if I had my time again, I wouldn’t change a single thing”, added Rob Wellstead, former owner of Lenwell and now LRG consultant.

This acquisition forms part of an ambitious growth plan for LRG, which the company continues to pursue even in these challenging times. Earlier this year, the company expanded into Sheffield, and further throughout Lincoln, with the opening of virtual offices in those cities.

LRG is aiming to build upon this transaction, and is continuing to identify further acquisition opportunities nationwide.