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.
The business for sale is a reputable MOT Centre which is currently based in Gwent. Operating since 1989, the MOT centre has been providing a professional, timely service to a whole host of car models, with services focusing on brakes, repairs and tyr...
FREEHOLD
The business for sale is a pioneer for the fire, safety and security sector. As a UK independent specialist, the company has acquired a superb reputation in the industry for its comprehensive list of services and professional expertise. Founded over...
LEASEHOLD
For the first time or experienced professional, this is a superb opportunity to take on an eco-friendly cleaning business based in Chichester. Established in 2011, this business has built up a fantastic reputation through offering high quality cleani...
RELOCATABLE
|
05
|
|
Dec
|
What a Labour government would mean for UK entrepreneurs | BUSINESS NEWS
Private business mergers and acquisitions expert Sue Green o...
|
05
|
|
Dec
|
MBO at Bolton-based delivery comparison firm | MBO/MBI
Bolton-based parcel delivery price comparison company Parcel...
|
04
|
|
Dec
|
Merger between Southampton IT providers | MERGER
Southampton-based IT providers Aura Technology and Amicus IT...
Sign up to receive our acquisition alert emails to get your FREE guide
|
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...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources