Two Manchester lettings and estate agents are the latest to have been acquired by fast-growing group Lomond Capital.
Allison & Co and Pad Residential have joined fellow city firm Thornley Groves under the Lomond brand as part of a fresh wave of acquisitions.
Salford-based boutique agency Allison & Co and city centre-based Pad Residential manage 350 properties across Manchester and join local agency Thornley Groves, which now has 3,000 properties under management in the city.
The news is one of four new acquisitions Lomond has made across the UK, bringing its total portfolio to 23,000 properties under management.
Jason Watkin, CEO of Lomond Capital in Manchester, said: “We are delighted to welcome the clients and staff of Allison & Co and Pad Residential.
"Lomond group offers us the ideal blend of local knowledge and national structure. These acquisitions are a continuation of our approach to building our business while retaining our successful local approach.
"We are actively looking for new opportunities to grow within Manchester.”
Lomond merged with leading Yorkshire residential lettings firm Linley & Simpson at the beginning of the month.
The merger brings together some of the strongest letting and estate agency names on the UK High Street, employing more than 580 members of staff.
