Bhavik Patel, owner of Nicholas Humphreys Southampton & Portsmouth has acquired independent lettings agency Harker and Bullman in Wimborne.
This is the first Nicholas Humphreys franchisee acquisition since the network became part of the Belvoir Group in April 2021.
Prior to joining Nicholas Humphreys four years ago, Patel had a background in financial services.
He says: “We originally launched Nicholas Humphreys Southampton as a cold start and then a year ago we bought the Portsmouth office as a resale.
“lThe new acquisition is very well-established independent agency that has been in business for close to 30 years and has an excellent reputation.
“The acquisition has added a new territory to the network in Bournemouth and Wimborne and added over 350 properties to our portfolio.
“I am also delighted to confirm that we will be retaining the entire Harker and Bullman team who have a wealth of experience and will continue providing a very high standard of service to clients.
David Spackman, managing director of Nicholas Humphreys, says: “Several other Nicholas Humphreys franchisees have also signed up to the Acquisition Programme and are keen to replicate Bhavik’s success by growing their businesses through the acquisition of independent agents.
“I would advise any interested independent agents who are considering an exit strategy to telephone our Acquisition Team for a confidential chat to find out more information about the benefits of becoming part of the Belvoir Group.”