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TODAY'S OTHER NEWS

Independent agency snapped up as rival expands hub operation

One of West Sussex’s largest agencies, Michael Jones & Company, has acquired an independent rival as part of a move to a hub-style structure.

Easylet, which manages just under 300 properties in the area, will now trade under the Michael Jones & Company’ name.

The acquisition comes off the back of the recent letting acquisitions of Bacon & Co in September 2017 and Curtis & Son in May this year.

Managing director Mike Jones comments: “We see great value in growing and developing our sales and rental business. We are delighted to announce we have achieved our initial target of 2,000 fully managed properties in lettings through our recent acquisition which will significantly contribute in strengthening our overall position as a group. 

“We are actively looking for other acquisition opportunities in the area as it is an important part of the groups growth and expansion plans.”

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