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Lomond, one of the UK’s largest acquirers of estate and letting agency businesses, has made its latest swoop within the East Midlands, further bolstering its John Shepherd brand following two recent deals within the region.
Having previously acquired the Nottingham and Derby lettings book of Royston and Lund, swiftly followed by the significant rental portfolio of Centrick, the firm has announced the acquisition of Nottingham-based agent, Tassi Sales and Lettings.
Originally established in 2009, the purchase of the three branch business will see Lomond’s John Shepherd brand inherit some 768 lettings properties across the Nottingham territory whilst also increasing their footprint within the student market and expanding their regional rental portfolio to almost 8,000 properties under management.
John Shepherd, which already operates 10 high street branches covering the West Midlands, Warwickshire, Worcestershire and Staffordshire, will retain the experienced team from Tassi Sales and Lettings who will continue to service its new client base.
The latest deal will further bolster Lomond’s presence within the region, while also marking the company’s 53rd acquisition since launch just three years ago.
Lomond CEO, Ed Phillips, said: “There has been significant growth across the Midlands property market in recent years and, as such, it has been a
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