Independent lettings company Leaders has clinched an extra £30 million in financing to support its ‘buy-and-build’ strategy - and it’s on the prowl for new acquisitions.
In the past four years Leaders has completed 46 acquisitions and doubled its branches from 42 to 84; last year was particularly strong for the firm with 18 acquisitions.
In recent years Leaders has expanded in East Anglia, Hampshire, Dorset, Gloucestershire, Oxfordshire and Merseyside, and beefed-up existing offices in Sussex, South East London, Surrey, East Anglia and Greater Manchester.
Now it is on the look-out for more.
“For many owners we are the acquirer of choice. This is due to our transparent and timely approach to executing transactions and our track record as a ‘good owner’. We’re ready and able to consider any acquisition opportunity and plan to accelerate our rate of growth this year and in the years to come” claims Paul Weller, Leaders’ managing director.
“We invest heavily in staff and give excellent opportunities for career progression. Managers have autonomy to run branches independently at a local level and provide a hands-on service supported by head office in client accounts, office accounts, credit control, HR, training, IT and marketing” he says.