Leaders Romans Group (LRG) has confirmed its acquisition of Milton Keynes estate agency Alan Francis.
Alan Francis was founded in 1999 by Jeremy Cull, offering a range of lettings and sales services.
LRG said the acquisition of this traditional estate agency is a “key milestone” in its ongoing expansion efforts and strengthens the group’s position in the Milton Keynes market, “aligning with their strategic focus on growth”.
The Alan Francis brand will continue to operate under a dual-branding arrangement with Leaders, working closely with the existing Leaders offices in Milton Keynes. All current staff will transition to LRG. However, the directors of Alan Francis will be exiting the business upon completion of the acquisition.
Matthew Light, group mergers and acquisitions director at LRG, commented: “This is our second acquisition in August, with more to come in the next few weeks and months. The acquisition of Alan Francis significantly enhances our already strong presence in the Milton Keynes area, allowing us to provide even better service to our clients.”
Cull, the outgoing owner of Alan Francis, said: “After 25 years of building Alan Francis into a trusted name in Milton Keynes, I am confident that joining the Leaders Romans Group will provide our clients and team with even greater opportunities and resources. I look forward to seeing the continued success of the business under LRG’s leadership.”
LRG said the acquisition is part of the group’s broader strategy to increase market share and strengthen its portfolio across the UK, particularly in key areas like Milton Keynes.
