Three weeks after acquiring Bulmer Estates in Nottingham, growing national estate agents Leaders has completed the purchase of the 500+ property portfolio of Derby-based lettings business, MBM Management Limited.
The company was established in 1996 and successfully run by founder and owner, Malcolm Blount - who has now retired - along with his daughter Helen Hufton who joined the business in 2000.
Helen is very pleased to remain with Leaders where she will continue to manage the portfolio under the Leaders brand.
Matthew Light, group acquisitions director at the Leaders Romans Group, says: “MBM is an excellent business with a strong customer-focused ethos that matches our own. We are delighted to welcome Helen and her team to Leaders where we hope they will feel very at home.
“This acquisition represents continued growth for us in Derby where we have gone from strength to strength since acquiring multi-branch IMS Lettings just over two years ago. The business will be absorbed into our existing Derby offices and we have substantially expanded the premises of our property management hub in Pride Park to accommodate the increase in properties as well as future growth.”
Helen Hufton, who takes up the role Leaders’ acquired portfolio manager, says: “This is an exciting new chapter for myself, my team and our clients. I know that we’re in very safe hands with Leaders which has always been at the forefront of best practice in lettings and where we will benefit from excellent professional training and development, plus a wealth of opportunity to progress our future careers.”
To find out more about the benefits of selling to the Leaders Romans Group, widely considered to be the market’s preferred acquirer, business owners should contact Matthew in confidence at firstname.lastname@example.org