Lomond has expanded its presence in central Scotland with the acquisition of Clyde Property, which also includes Burgh Property and Cathedral Estates.
Founded in 1987 by Gary Thomson, who remains involved in the business, Clyde Property has developed from a single office in Bearsden into a multi-branch agency operating across Scotland.
The deal strengthens Lomond’s position north of the border, adding an established regional brand to its portfolio alongside DJ Alexander.
Under the new structure, Clyde Property will oversee operations across the West of Scotland, while DJ Alexander will manage activity across the rest of the group’s Scottish network.
Gary Thomson, co-founder and MD of Clyde, said: “Clyde was founded on principles that remain at the heart of our business 39 years later – trust, a forward thinking mindset, and putting people first. When considering a partner for the next stage of Clyde’s journey, alignment in values was paramount, and Lomond was the standout choice. This partnership will enable us to thrive, while preserving what makes us Clyde.”
David Alexander, chief revenue officer at Lomond, added: “Clyde’s passion for pioneering service and building knowledgeable local teams perfectly aligns with Lomond’s core values. I’ve long admired Clyde, and this partnership offers an exciting opportunity to expand our presence across Scotland. I’m delighted to welcome Clyde’s talented team and valued clients and I am excited to work alongside Gary.”
Lomond enters ‘strategically important market’ after completing acquisition
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