Dwelly has acquired Sheldon Bosley Knight’s lettings enterprise, which manages a £25m lease ebook throughout 13 Midlands branches, with the agency preserving its identify and workers to make sure a seamless transition for landlords and tenants.
That is Dwelly’s seventh company buy in beneath 18 months, following earlier acquisitions in Nottingham, Brighton, Essex, Yorkshire, and Suffolk, with a aim to surpass 10,000 items beneath administration by the top of this 12 months.
As a part of the acquisition, the prevailing administration staff at Sheldon Bosley Knight will stay in place. Dwelly’s funding will present contemporary PropTech options, together with AI-led programs designed to streamline operations and speed up development.
Sam Humphreys, head of M&A at Dwelly, commented: “We’re delighted to welcome the lettings arm of Sheldon Bosley Knight into the Dwelly household. This isn’t solely an acquisition of scale, however one in every of distinctive high quality, bringing with it a heritage of over 180 years and a status that’s deeply embedded throughout the Midlands and wider Cotswolds area.
“2025 has been a defining 12 months for Dwelly. Now we have accomplished a sequence of strategic acquisitions throughout a variety of key geographies, each chosen for the energy of its native relationships, the calibre of its staff, and the legacy it has constructed inside its neighborhood. SBK Lettings is an impressive instance of this strategy.
“Our focus has at all times been to associate with the easiest unbiased companies within the UK, preserving the tradition and repair requirements that made them profitable whereas equipping them with the know-how and operational infrastructure to develop even additional. SBK Lettings suits this philosophy completely.
“With this newest deal, we considerably strengthen our nationwide footprint and are exceptionally effectively positioned for an bold part of growth in 2026.
“As at all times, our precedence is to guard the id and status of the companies we purchase, whereas serving to their groups ship a extra environment friendly, clear and trendy lettings expertise for landlords and tenants.
“Importantly, this partnership is constructed on continuity, collaboration and long-term funding, and we stay up for working intently with the SBK Lettings staff and wider Sheldon Bosley Knight Group for a few years to come back.”
Mike Cleary, custodian of Sheldon Bosley Knight, commented: “As custodians of a enterprise with roots stretching again to 1843, we’re ever aware of the necessity to make the proper selections with the ebook ‘Constructed to Final’ being one in every of our guiding lights.
“In Might of this 12 months, we met with Dwelly for them to elucidate their imaginative and prescient for the way forward for the Lettings business. We didn’t anticipate to be amazed however have been and so confronted a troublesome dilemma – Maintain possession and battle on with an more and more outdated software program proposition, or quit possession and within the course of allow our staff and shoppers to have a greater future.
“Dwelly additionally stood out for its respect for heritage, its dedication to retaining native experience, and its considerate strategy to integrating know-how with out compromising what makes an company profitable. We have been sure that they might allow SBK Lettings to hold on rising organically and thru acquisitions as we’ve got turn into accustomed.
“SBK has at all times been constructed on long-standing shopper relationships, deep neighborhood information and a tradition of professionalism that has set us aside within the Midlands market. Becoming a member of forces with Dwelly ensures that these values not solely stay intact, however are strengthened with extra assets, innovation and operational help. We’re assured that this partnership is the proper resolution and that being powered by Dwelly will allow the enterprise to flourish.”
