Leaders back on the acquisition trail with Nottingham expansion

Wed 21 Jun 2017

National estate agents Leaders has renewed its commitment to growth in 2017 with the acquisition of a local firm in Nottingham.

Leaders last week completed the purchase of Bulmer Estates, a family-run business owned by Andrew and Rebecca Bulmer and based in the West Bridgford area of the city.

It is the latest stage in Leaders’ ambitious expansion strategy, which saw it and sister company Romans acquire more than 100 businesses in the ten years to the end of 2016 and create a combined branch network of more than 150.

Matthew Light, group acquisitions director at the Leaders Romans Group, says: “We are delighted to announce the acquisition of Bulmer Estates, a popular and successful company with a reputation for excellence in lettings and property management across Nottingham.

“The Bulmer Estates team will join forces with our existing branch in Nottingham to offer a comprehensive range of services not only to landlords and tenants, but also to those looking to sell a property in the city.

“This acquisition represents continued growth for Leaders and is a sign of our confidence in the market. What’s more, we have a number of other acquisitions in the pipeline and we look forward to expanding our business further during the second half of 2017.”

Mr and Mrs Bulmer wished to sell their firm in order to concentrate on other business opportunities.

Rebecca Bulmer, former owner of Bulmer Estates, says: “Leaders’ acquisitions team has been a pleasure to work with and has proved really supportive and helpful at all times. The whole process has been a revelation in how a good sale should progress compared with our previous abortive experiences.

“I feel very confident our staff and landlords are in safe hands and I look forward to a continued relationship with the local Leaders team in the management of our properties.”

Leaders initially moved into Nottingham in 2015 with the acquisition of PWR Lettings & Sales.

Any business owners currently thinking of selling should contact Matthew at matthewlight@pshgroup.co.uk to find out more about the benefits of selling to the Leaders Romans Group, widely considered to be the market’s preferred acquirer.