Lomond has announced its latest agency acquisition, which it says will help it establish a new regional hub.
It’s purchased Ocean Property Services Group in Bristol.
Founded over 40 years ago, Ocean has grown from a single branch, it now has 12 offices spanning residential sales, lettings, conveyancing, property management and financial services.
Lomond now has over 2,600 employees, 72,000 properties under management, 150+ branches and has completed 70+ acquisitions.
It currently operates in key regions across the UK including Scotland, Yorkshire, the North West, Midlands, London, Kent and the South Coast, with ongoing discussions of expansion to several new cities.
Rob Mott, Chief Revenue Officer at Lomond, says: “Ocean is a highly respected brand with a 40-year heritage, a loyal customer base and a reputation for excellence. We’ve long recognised Bristol as a critical market for our national growth plans, and we were committed to identifying a business with both scale and deep local roots.
“Ocean’s strong culture, exceptional team, and commitment to client service align perfectly with Lomond’s values. Ocean’s addition as a new hub brand greatly enhances our presence in the South West, and we’re incredibly excited to welcome the Ocean team and clients into the group, support their continued success and build on the strong legacy they have created over four decades.”
