LRG snaps up large independent regional agency group

LRG snaps up large independent regional agency group


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LRG has acquired the Northern Estate Agencies Group, an independent in the North of England. 

The business operates in 36 locations across West Yorkshire, Derbyshire, Lancashire, and Greater Manchester under the brands Manning Staunton, Ryder & Dutton, and Mortimers

With this acquisition, LRG’s reach now stretches from Wetherby in Yorkshire to Ventnor on the Isle of Wight.

Northern Estate Agencies Group offers sales, lettings, financial services, conveyancing, auctions and new homes. The group employs over 400 professionals.

The businesses will continue to operate under their existing brand names, with all branches and staff retained.

Mark Manning, Group Managing Director, will continue in his current role working with LRG to drive business growth, while also remaining a shareholder in the business. He will be supported by the retiring Chairman and Founder, Russell Manning, who will remain as a Consultant.

 
Matthew Light, Group Mergers & Acquisitions Director, LRG, comments: “We are delighted to welcome Northern Estate Agencies Group into the LRG family. This is one of our most significant acquisitions, alongside Chancellors, Acorn, Stirling Ackroyd, Gibbs Gillespie, scottfraser and Portico. 

“Our strategy is to partner with both smaller and more established regional agencies, retain their local identities, grow them, and provide the support and scale of a national business. 

“With several major acquisitions now completed and more opportunities in the pipeline for 2025 and 2026, this deal sets the tone for the next exciting phase of our growth.”

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