Estate agency completes acquisition

Sat, 24 Nov 2018 | BUSINESS SALE



Linley & Simpson, the estate agency funded by private equity firm LDC, has successfully completed an acquisition of five Dale Eddison offices in West Yorkshire, taking over the residential sale and letting side of the business.

The acquisition, which was completed for an undisclosed sum, encompasses the five offices in Ilkley, Otley, Guiseley, Silsden and Skipton. They will continue to trade under the Dale Eddison brand name, and the original 43 members of staff will continue to stay with the business.

Directors Bill Dale, William Eddison and Gary Shankland are amongst those who will remain with the company.

Chief executive of Linley & Simpson, Will Linley, said: "This is a transformational deal that is a great fit for us strategically and geographically. This synergy gives us the platform to add an extra dimension to the service we already offer our customers in Ilkley, as well as taking us onto the High Street of neighbouring areas for the first time.

"We can now take advantage of more than four decades of collective estate agency expertise to drive customer service improvements and lead industry innovation across the area – one that is growing in popularity as a place to live.”

This particular acquisition is the eighth of its kind since the beginning of this year, and the fourth since Linley & Simpson received financial support from private equity firm LDC in June 2018.

Investment director at LDC for Yorkshire & North East, Gareth Marshall, commented: "This latest acquisition rounds off a stellar six months for Linley & Simpson. It's been fantastic to see Will and Nick's buy-and-build strategy take off since our partnership began in June this year. The business is quickly increasing its footprint in Yorkshire and firmly cementing its position as a leading agent in the region."

For more news stories about acquisitions, click here. For all our business for sale listings, click here.


Share this article



Latest Businesses for Sale

Car Garage
Maidstone, Kent, South East, UK

The company was Established in 1982, providing an honest and reliable service at all times, and is proud to be recognised as a highly reputable Car Garage in Maidstone. Providing car servicing to all makes and models of vehicles such as: Dent removal...

Asking Price: £259,950
Turnover: £464,306

LEASEHOLD


Freight Forwarder & Importer of Niche FMPG
Heathrow, London, UK

An impressive opportunity has arisen to acquire a well-established, highly profitable Heathrow UK-based importer and distributor of Fast Moving Perishable Goods, supplying a niche market. 20 years of trading history. Exclusive UK distribution rights....

Asking Price: Offers Invited
Turnover: £6,978,000

Domestic & Commercial Contract Cleaning
Devon, UK Wide

Leading independent domestic and commercial contract cleaners, also undertaking some laundry services, operating throughout Exeter, East Devon, Devon/Dorset borders and surrounding areas. Operating from centrally positioned easily accessible premises...

Asking Price: £149,950
Turnover: £370,186

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
04
 
Jun
 

Frankie & Benny’s owner to permanently close 120 restaurants | BUSINESS NEWS

The Restaurant Group, which owns chains including Frankie & ...

 
03
 
Jun
 

28 Oddbins stores saved after acquisition by unnamed buyer | BUSINESS SALE

28 Oddbins stores will remain open after the off-licence ret...

 
02
 
Jun
 

Topps Tiles agrees sale and leaseback of HQ and warehouses | COMMERCIAL PROPERTY

Tile retailer Topps Tiles has agreed the £18.1 million...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
16
 
Sep
 

Cheshire-based SRL Traffic Systems completes MBO | MBO/MBI

SRL Traffic Systems, a manufacturer and supplier of portable...

 
12
 
Sep
 

Lucid Group completes acquisition of North West-based healthcare consultancy | BUSINESS SALE

Healthcare communication specialists, Lucid Group, has succe...

 
05
 
Aug
 

Tech-enabled lockers firm Bybox undertakes an MBO | MBO/MBI

ByBox, the Oxfordshire business behind a network of unmanned...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources