Leaders Romans Group Acquires Chancellors Group
Deal News | May 01, 2025 | HMT LLP
Leaders Romans Group (LRG), one of the UK's largest property services groups backed by private equity firm Platinum Equity, has completed the acquisition of Chancellors Estate Agency Group. LRG, which operates through a network of over 350 branches and employs more than 3,500 people, offers a wide array of property-related services. Chancellors, with a history dating back to 1807, operates over 50 branches with more than 450 employees, providing comprehensive services in residential sales, lettings, and commercial real estate. This acquisition aligns with LRG's strategy to expand its reach by establishing a presence in new regions, including Mid Wales and the Cotswolds, where it previously had no representation. HMT LLP advised on the transaction, conducting financial due diligence.
Sectors
- Real Estate
- Private Equity
Geography
- United Kingdom – Both Leaders Romans Group and Chancellors operate within the UK, and the acquisition enhances presence in new UK regions.
Industry
- Real Estate – The acquisition involves property services companies expanding their real estate operations and services.
- Private Equity – Platinum Equity is the private equity firm backing Leaders Romans Group in their acquisition strategy.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Leaders Romans Group (LRG) | Acquirer | Company | A large UK property services group backed by Platinum Equity, focusing on expanding its market reach. |
| Chancellors Group | Target Company | Company | A well-established UK estate agency offering residential sales, lettings, and commercial services. |
| Platinum Equity | Private Equity Backer | Company | A private equity firm backing LRG in its acquisition strategy. |
| HMT LLP | Financial Advisor | Company | Provided financial due diligence advice to LRG on the acquisition transaction. |