Chancellors Transitions to LRG: Major Acquisition by Leaders Romans Group
Deal News | May 06, 2025 | Osborne Clarke
In a significant move within the UK property industry, Chancellors Group, a leading independent estate agency, has been sold to Leaders Romans Group (LRG), a major property services provider. Chancellors, known for its extensive range of residential and commercial real estate services, will now operate under LRG, enabling the latter to further extend its market presence. The acquisition aligns with LRG's strategic growth objectives, and the retained Chancellors brand speaks to its established market value. Osborne Clarke, an influential international law firm with a strong reputation in corporate transactions, advised Chancellors' majority shareholders on this sale. The complex transaction was overseen by Osborne Clarke's seasoned team, led by Partner Rob Hayes among others, confirming their stature in handling intricate legal deals.
Sectors
- Real Estate
- Legal Services
Geography
- United Kingdom – Chancellors Group is a UK-based estate agency, and Leaders Romans Group is expanding its presence within the UK property market through this acquisition.
Industry
- Real Estate – The acquisition involves Chancellors Group, which provides various real estate services such as residential sales and lettings, positioning this transaction squarely within the property market.
- Legal Services – Osborne Clarke, a legal advisory firm, played a pivotal role in guiding the majority shareholders of Chancellors Group through the sale process.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Chancellors Group | Target Company | Company | A leading independent estate agency in the UK offering a wide range of residential and commercial services. |
| Leaders Romans Group | Bidding Company | Company | A property services provider in the UK, expanding its market presence through strategic acquisitions like Chancellors Group. |
| Osborne Clarke | Legal Advisor | Company | International legal firm advising the majority shareholders of Chancellors Group during the sale. |
| Rob Hayes | Partner | Person | Led Osborne Clarke’s legal team advising on the sale of Chancellors Group to LRG. |