Thu, 11 Jan 2024 | BUSINESS SALE
Centrick has sold its high street sales and lettings division to Lomond Group as it seeks to focus on its operations in the residential property sector. The deal sees teams from Nottingham, Birmingham and Solihull transfer to the Lomond Group, where they will operate under the group’s John Shepherd brand.
Centrick was founded in 2005 as a building and estate management services firm, before expanding into high street sales and lettings in 2007. Following the sale, the company will focus on providing property management and other associated professional services for the UK’s residential property sector.
The company’s founder, James Ackrill, said: "Our ambition as a group has always been to deliver a truly exceptional service, building a team of highly skilled property professionals that care about our clients and the residents we support."
"We recognise the need for focus and depth in our specialisms in order to deliver on our long-term plans and commitment to clients today, as well as into the future. This move puts the group in a really strong position to focus consistently on those specialisms and continue to enhance our already high service levels, aligning our teams around the needs of our clients."
Ackrill said that the company’s high street division “has always been extremely successful” and held “numerous awards and top positions in a number of areas”. Ackrill continued that the transfer of its high street teams to John Shepherd would ensure clients continue to be served by professionals that they “already know and trust without any loss of service.”
He added: "Looking forward to our third decade as the leading independent property services operator, we are committed to building on our team of talented, knowledgeable property experts and driving national industry standards forwards."
Find out more about M&A activity and trends in the UK's residential property sector
Located in the south west of England, the business has been established for over 13 years and has been in the careful hands of the current owners for the past 5 years and is now being offered for sale so that they can enjoy a well deserved retirement...
The company is a leading business process outsourcing provider with years of experience and is a prominent industry player. The company offers a wide array of services to clients across various sectors. Its global footprint, skilled workforce, techno...
The successful purchaser will acquire a fast-growing, leading independent recruitment agency, providing temporary, contract, an permanent positions and solutions across various sectors nationwide.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.