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New Deal


Announced

Foxtons Group completed the acquisition of Ludlow Thompson for £10m.

Financials

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Transaction Value£10m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Domestic

Majority

independent estate agency

Real Estate Services

Acquisition

Completed

Private

Friendly

Single Bidder

Synopsis

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Foxtons Group, London's largest lettings agent, completed the acquisition of Ludlow Thompson, a high-quality, lettings focused estate agent operating across 7 branches in London, for £10m. The acquisition will support future earnings growth as it is integrated into Foxtons scalable operating platform, enabling synergies to be unlocked and attractive returns on invested capital to be realised.

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