Tue, 21 Apr 2015 | BUSINESS SALE
Property management firm Grant & Wilson has been sold off in parts to three separate property firms.
The Glasgow-based company had several different divisions, including lettings and sales. Its Edinburgh and Aberdeenshire residential letting business has been acquired for an undisclosed sum by Lomond Capital. This will add some 300 properties to Lomond Capital's portfolio.
Back in Glasgow, property agent DJ Alexander has acquired the firm's local letting business. The third entity in the acquisition of Grant & Wilson is Lomond Capital's sister company, Strathspey Capital, which has acquired Grant & Wilson Residential Factors.
All Grant & Wilson staff will be transferred to the purchasing firms at the relevant offices.
Douglas Weir, chief executive of Strathspey, commented: “The Grant & Wilson deal is key to establishing our position as one of Scotland’s major players in the property factoring market. We will be looking to meet the ongoing demand for factoring, as the property industry continues to recover, with a good quality professional service.”
He added that the company has developed a “successful growth model” based on a combination of “strong organic growth and a local acquisition”.
View our latest service company listings to see other businesses for sale.
An award-winning company with an excellent reputation within the industry. Reputation in the market for high-quality, state-of-the-art tailored products and services. Offers invited.
Provider of in-depth cyber security consultancy and solutions with ten years' experience within the industry. Offers invited.
Multi-discipline design agency creating bespoke literature including brochures, catalogues, newsletters & prospectuses, as well as designing clients’ websites, alongside e-commerce solutions. Offers invited.
|
21
|
|
Mar
|
Kent Logistics provider completes a successful acquisition | BUSINESS SALE
A Kent-based personalised logistics provider, backed by Livi...
|
20
|
|
Mar
|
Warrington construction company enters administration | ADMINISTRATION
A prominent construction business headquartered in Orford Gr...
|
19
|
|
Mar
|
Prominent stationery supplier enters administration | ADMINISTRATION
Another British high street retailer has fallen victim to th...
Sign up to receive our acquisition alert emails to get your FREE guide
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