The acquisition of this branch will give the Group a new location in Lincolnshire, supporting its growth plans in the area. The branch will be rebranded to Leaders.
Hayley Norfolk, Director at Rosedale Letting Specialists will continue in the business for a short transition period, supporting a smooth transfer for the clients of the company, who are all very much valued. All remaining team members will transfer to LRG under the Leaders brand.
Matthew Light, Group Mergers and Acquisitions Director at LRG, said: “We are delighted to complete our fourth acquisition in as many months and look forward to welcoming the Rosedale Letting Specialists team to the LRG family. Following the acquisitions of First Union in London, Liberty Gate in Nottingham and Stanley & Partners in Sussex earlier this year, our focus is very much on growth, and acquiring good quality lettings-focused businesses. With this acquisition, we aim to further strengthen our ethos of local knowledge through our high street branch network with the support of a national business, ultimately giving our clients top quality service. Rosedale Letting Specialists is an exceptional service-based business providing excellent results for its tenants and landlords; it couldn’t be a better fit for LRG.”
Michael Cook, Group Managing Director at LRG, commented: “We’re delighted to announce our fourth acquisition this year and to welcome the team at Rosedale Letting Specialists into LRG. Our five-year strategy is focused on growth across the UK by acquiring well-known businesses such as Rosedale Letting Specialists.”
Hayley Norfolk added: “Rosedale Letting Specialists is very much focused on providing a positive and successful service to our landlords and tenants. By merging with LRG, our business will continue to thrive and grow. I want to thank the team at Rosedale Letting Specialists for their dedication, passion and progressive attitude, all of which have enabled us to grow into one of the largest property management businesses in our region.
“LRG’s approach to property management is well aligned with Rosedale Letting Specialists. Becoming part of the Leaders brand will ensure that the quality service we provide to landlords and tenants continues. Combining this with the best online customer portals, research capabilities and the great approach towards sustainability that LRG offers will be a winning combination.
“I’m confident that the wonderful team, who I have loved working with, will continue to offer the same dedicated service to tenants and landlords that Rosedale Letting Specialists is well known for, whilst thriving themselves under the new Leaders brand. LRG’s team have been great to work with, and the whole process from start to finish has been smooth. I wish them every success and feel assured the Company is in safe hands.”