Announced

The Property Franchise Group to acquire The Guild of Property Professionals and Fine & Country for £20m.

Synopsis

The Property Franchise Group, a multi-brand estate agency, agreed to acquire The Guild of Property Professionals, a real estate agency, and Fine & Country, a licensed real estate offices network, for £20m. "The Acquisition continues to deliver on our wider strategy of delivering breadth and depth to our network. It further enhances TPFG's recurring revenue streams, adds the additional dimension of licensing to its platform and one significant complementary service, printed marketing materials. I am really excited about working alongside Iain McKenzie and the team to continue the growth across the Group and providing additional benefits to our network," Gareth Samples, The Property Franchise Group CEO.

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