The Leaders Romans Group has once again emphasised its commitment to expansion by acquiring Bath Property Letting, adding a new branch and a new region for Romans. Bath Property Lettings has been owned and run by Bath Building Society for over 25 years.
Dick Jenkins, Chief Executive of Bath Building Society, comments on his decision to sell to Romans:
“As the letting market develops it was becoming clear that our letting customers; both landlords and tenants, would be best served by the support of a specialist company with much greater market expertise than we could offer. It also allows the Building Society the opportunity to focus on what we do best, mortgages and savings. We see this move; especially with Bath Property Lettings going to an excellent company like Romans, as a very positive move for both the Society and our clients.”
This marks the start of Romans’ move into new territory as this branch will be the furthest west the group have ventured.
Between 2013 and 2016, Romans acquired over 10 new businesses. After taking their foot off the pedal, to ensure all of their newly acquired offices hit the ground running, they are firmly back on the acquisition trail having acquired three new businesses in the year to date.
Matthew Light, Group Acquisitions Director at the Leaders Romans Group, says: “We are delighted to have acquired Bath Property Letting and to have expanded into a new area – particularly one which has been high on our wish-list for a long time!
“We are delighted to welcome the Bath Property Letting staff to our team, ensuring this transition is as smooth as possible for our customers.
“These acquisitions are further proof of our confidence in the industry across the UK and our determination to grow both in existing branch locations and brand new areas.
“The Leaders Romans Group remains committed to growth in the coming months and I would encourage any business owners who are considering selling up to get in touch. We have become the industry’s preferred acquirer having completed more than 150 acquisitions and we work with outgoing owners allowing them to fulfil their desired exit strategy, as well as ensuring a long and prosperous future for their customers.”
Romans’ acquisition of Bath Property Letting comes just days after Leaders’ acquisition of City Lettings in Norwich, and just three weeks after the Leaders Romans Group completed two acquisitions in just 24 hours, acquiring Penyards Property Management in Winchester and Prescott Hall in Chester.
For more information on selling your business and to find out why the Leaders Romans Group is the perfect acquirer contact Matthew at firstname.lastname@example.org.