LRG is excited to announce another successful acquisition – this time, six-branch residential sales and lettings agency, Outlook Property.
Outlook Property is located across six locations; five in EastLondon – Stratford, Leyton, Walthamstow, Royal Docks and Docklands (Excel) – and one in Tottenham, North London.
The business, which initially started as a lettings-only business,was founded in 2001 and previously owned by Marlon Fox and Daniel Barbanel. Five of the six offices now offer sales, while the office in Royal Docks is lettingsonly.
Matt Light, Group Mergers and Acquisition Director, said: “We are excitedto welcome another fantastic establishment into the Group, and are delighted to bring another 46 valued employees into LRG, too.”
The acquisition of Outlook Property demonstrates a natural progression from the business’ existing Leaders offices to the south of the Thames, though all Outlook’s offices will maintain their current branding. The owners, after a short handover period, will leave the business, and business will continue as normal for existing clients of Outlook Property.
“Outlook Property represents an excellent opportunity for us to expand the LRG geography into East and North London, which are neighbouring territories to those already occupied by Leaders,” added Matt. “We are confident that business will continue as normal for our acquired Outlook Property clients, and that they will continue to benefit from the excellent customer service that they have come to know and expect.”
If you are considering selling your property services business, the LRG adopts a hands-on approach to help business owners achieve their objectives. Contact Matt Light directly by emailing mlight@lrg.co.uk.
