Chestertons has continued its expansion plans with the acquisition of Behr & Butchoff in St John’s Wood, a high-profile estate agency in north-west London.
The boutique agency, which has been operating from a prominent office on St John’s Wood High Street since 1984, covers the property market across St John’s Wood, as well as neighbouring areas, including Primrose Hill, Hampstead, Swiss Cottage, Maida Vale, Little Venice, Regent’s Park and Marylebone.
The deal, completed for an undisclosed sum, sees Chestertons absorb Behr & Butchoff’s sales and lettings business into its network.
Richard Davies, Chestertons’ COO, said: “Chestertons has a strong presence across London but we are always looking to grow our network with strategic acquisitions of established, well-run businesses.
“Behr & Butchoff’s highly experienced and knowledgeable team has been providing its clients with top-level services for over 30 years and we will look forward to continuing that relationship with them, while giving them access to some of the tools, technology and services that Chestertons offers. “
The deal follows a number of other recent acquisitions by Chestertons, including Henry & James, Morgan Randall, London Residential and Snell & Snell. Employing nearly 600 staff, Chestertons has over 30 offices in London and an international presence, which has recently been bolstered by its exclusive partnership with Forbes Global Properties.
