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TODAY'S OTHER NEWS

Leaders Romans wins cash boost and wants more acquisitions

Leaders Romans says it has won new funding to acquire more agencies. 

“We have made no secret of the group’s intention to further expand its network across the UK. Following a strong and structured acquisition plan, we have already acquired 128 businesses since 2010” says Matthew Light, mergers and acquisitions director.

“Having recently secured our most sizeable financial backing to date, our focus on introducing LRG’s property service offerings to wider parts of the UK is stronger than ever” he continues. 

No details of the funding have been revealed but a statement from the group says its continued objective is to acquire businesses in locations currently uninhabited by two of LRG’s existing brands - Leaders and Romans estate and lettings agencies – in a bid to extend their services countrywide.

“In addition to broadening our estate and lettings agency reach, we are also working hard to expand our block management services following the acquisition of Revolution Block Management in Manchester, earlier this year” adds Light. 

“As the group continues to diversify its services within the residential corporate property markets, we are also interested in exploring acquisition opportunities in other related sectors including, but not limited to, commercial and Build To Rent.”

The Leaders Romans Group’s two independent estate and lettings agency brands currently have 150 branches spanning the country. 

The group is owned by Bowmark Capital.

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