Leaders confirms expansion of north-west network with Temples acquisition

Thu 15 Mar 2018

Leaders has added new branches in Northwich and Nantwich, as well as a lettings portfolio in Chester, to its network after completing the acquisition of local firm Temples.

The acquisition was confirmed earlier today (15th March) and will see the company expand into two new towns while merging the Chester portfolio into its existing branches in the city.

Kevin Swire and Tony Snead, owners of the former Temples branch in Chester, will remain with Leaders to take up the roles of Lettings Manager in the company’s Chester and Nantwich branches respectively.

All the existing Temples employees will also remain in place as their branches start life as Leaders, while Richard Prescott – the former owner of Prescott Hall, which was acquired by Leaders in October – will be Branch Manager at the new Leaders office in Northwich.

Matthew Light, Group Acquisitions Director at the Leaders Romans Group, says: “We are delighted to have completed the acquisition of Temples in Northwich, Nantwich and Chester, adding close to 900 managed properties to our national portfolio and enhancing our presence in Cheshire.

“This deal is further evidence of our commitment to growth in the north-west and will complement our current branches in Chester, Warrington, Altrincham, Manchester, Crewe and Stoke-on-Trent.

“We are extremely pleased all the Temples team have opted to remain with us and will now be able to offer the quality local service for which they have become known, while benefiting from the support and resources of a national firm.”

The Temples deal is the 10th acquisition completed by Leaders in the last nine months and Matthew has promised there will be more to come.

He adds: “Our ongoing expansion is a sign of our confidence in the market and the success of our existing branch network. We remain committed to growth and are always interested to hear from business owners thinking of selling up.”

For more information on selling your business to Leaders or to find out why the company is the industry’s preferred acquirer contact Matthew at mlight@lrg.co.uk.