Connells Group has acquired Tylers Property Partnership, a four-branch estate agency based in Cambridgeshire, expanding its presence in the region. This marks Connells Group’s 11th acquisition this year.
Tylers operates branches in Cambridge, Histon, Newmarket, and Willingham. The purchase includes the retention of all 14 Tylers staff members, along with approximately 120 sales pipeline units and 300 managed properties.
Following the acquisition, Tylers staff will have access to Connells Group’s wider network, marketing resources, and training programmes while continuing to operate under their established local brand.
Alastair Brown, Director of Tylers, said: “We’re delighted that Tylers is now part of Connells Group, marking an exciting new chapter for our business. Most importantly for us, nothing is changing in how we serve our clients – our name and people will remain the same, but behind the scenes, we can now benefit from the scale, technology, and support that comes with being part of Connells Group, helping us to do even more for our clients while staying true to our local roots. We’re excited about what’s next – from investing in new services to growing our teams and continuing to deliver trusted advice and personal support across our four branches.”
Tylers’ Directors, Iain Lattimore and Nick Hall, will continue in the day to day running of the business, ensuring continuity for both its colleagues and customers.
Connells Group has also recently acquired four lettings’ portfolios, adding a further 900 managed properties to its books, and extending the support and customer service in each location for colleagues and clients of each business. The acquisitions included:
+ Edward Clarke in Grays, now managed by William H Brown Grays
+ Rise in Durham, now managed by Bridgfords Durham
+ Whitakers in Hull, now managed by William H Brown Hull, Holderness Road
+ Robert Cooney in Taunton, now managed by Connells Taunton
Chris Rosindale, Connells Group’s chief operating officer, commented: “I’d like to extend a huge welcome to our new colleagues from Tylers, and we’re incredibly excited for this fantastic business to join our group.
“We’ve achieved outstanding growth so far this year, with 11 acquisitions now under our belt which have enabled us to increase our managed portfolio by almost 4000, expand our network with 12 new branches and welcome a host of new colleagues and customers to our group.”
He continued: “Every business we’ve acquired has brought in exceptional value and helped to strengthen our offering as the UK’s leading estate agency and property services provider. We now cover 88% of UK postcodes and, while our plans for future growth are ambitious, our foot is firmly on the gas to expand our UK presence and further increase our market share.”
Read the orginal article: https://propertyindustryeye.com/connells-group-expands-footprint-after-acquiring-four-branch-agency/
