Another independent agency’s lettings book bought b…

The acquisition machine that is the Lomond Group has snapped up the lettings book of another independent agency.

Lomond has taken over the lettings book of the Harvey Scott agency covering the Cheshire mill town of Bollington near Macclesfield.

The 200-plus properties have been transferred to Lomond brands Thornley Groves, which has nine branches, and Julian Wadden, which has four.

With this latest deal, the Lomond Group now has a combined portfolio of over 37,000 properties under its management, and operates in major hubs including Aberdeen, Birmingham, Brighton, Edinburgh, Glasgow, Hull, Leeds, Manchester, Sheffield and York.

The chains in its ownership include Linley & Simpson across Yorkshire and the Humber; Thornley Groves in Greater Manchester and Cheshire; John Shepherd in its Birmingham and Midlands hub; Brand Vaughan plus Michael Jones and Company in the South East; as well as DJ Alexander and Stonehouse in Scotland.

The Lomond Group uses finances from private equity firm LDC, with access to further acquisition investment from LGT Capital Partners.

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