Dwelly has accomplished its fourth company acquisition in lower than a 12 months with the acquisition of Parks Residential in Brighton.
This newest transfer sees 450 new models added to the Dwelly portfolio, with the agency now managing over 2,500 models, following earlier acquisitions in Yorkshire, Essex, and Suffolk, with a aim to surpass 10,000 models beneath administration by the top of 2025.
Based over 30 years in the past, Parks Residential is a well-established unbiased company in Brighton, and can retain its model and current crew, supported by Dwelly’s lettings and administration techniques, following the acquisition, which was brokered by Adam J Walker & Associates.
Sam Humphreys, head of M&A at Dwelly, commented: “Parks Residential is precisely the form of enterprise we need to accomplice with, revered deeply rooted in the local people and recognized for delivering prime quality service.
“Their crew’s distinctive native information and powerful shopper relationships align completely with our values and imaginative and prescient. We’re excited to construct on Parks’ success, supporting their crew and shoppers for the long run as we strengthen our presence in Brighton and the south coast.”
Parks Residential’s Graham Jasper stated: “Brighton is without doubt one of the best lettings markets within the nation, so staying forward requires not solely deep native information, but additionally the instruments to function with actual effectivity and agility.
“The take care of Dwelly provides us entry to cutting-edge expertise that can enable Parks Residential to carry out at the easiest of its means whereas persevering with to ship the non-public, high-quality service our shoppers have come to count on.
“Parks has been a part of the Brighton neighborhood for over 30 years, and we’re extremely pleased with the fame we’ve constructed for professionalism and integrity. What made Dwelly the correct selection was their clear respect for that legacy and their dedication to preserving the tradition we’ve labored so laborious to determine.”
