My Property Box Expands with Acquisition of Bellwood & Harris
Deal News | Feb 04, 2025 | B Daily
My Property Box, an estate and lettings agency, has expanded its portfolio with the acquisition of Bellwood & Harris. This acquisition, which adds 150 properties to the company's holdings in the Darlington and Newcastle areas, is the company's 13th expansion move and comes shortly after receiving a multi-million-pound investment from BGF. Founded in 2009, Bellwood & Harris were renowned for their customer service, and this acquisition aligns with My Property Box's strategy to expand in the North East and Yorkshire regions. The former Bellwood & Harris office on Yarm Road, Darlington, has closed following the takeover.
Sectors
- Real Estate
- Private Equity
Geography
- United Kingdom – The companies involved are based in the UK and the acquisition extends the operations within North East and Yorkshire, specific regions in the country.
Industry
- Real Estate – The article focuses on the acquisition of a property agency, reflecting the industry's activity in terms of consolidation and expansion, which is a trend in real estate markets.
- Private Equity – The mention of a multi-million-pound investment from BGF highlights involvement from the private equity sector, facilitating growth and acquisition strategies.
Financials
- Undisclosed – The acquisition of Bellwood & Harris by My Property Box was completed for an undisclosed sum.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| My Property Box | Acquirer | Company | An estate and lettings agency expanding its portfolio through acquisitions. |
| Bellwood & Harris | Target Company | Company | An estate and lettings agency based in Darlington, known for their customer service. |
| BGF | Investor | Company | Provided a multi-million-pound investment to My Property Box, facilitating its acquisition strategy. |