Bishop's Stortford lettings agent EuroLet has been acquired by Leaders Romans Group (LRG)
Bishop's Stortford lettings agent EuroLet has been acquired by Leaders Romans Group (LRG).
The business, which has been based in the town for more than 20 years, has already undergone rebranding both at its North Street premises and on its website.
LRG has welcomed EuroLet's five existing employees to the group while it said the previous owners, Mark Downing and Mark Vincent, have chosen to leave the business following a short handover period.
"This acquisition forms part of an ambitious growth plan for LRG following a successful year of acquisitions throughout 2020," said a spokesperson.
"EuroLet, a single-office lettings business in Bishop's Stortford, has been the area's leading residential letting and property management agent for over 20 years.
"It has transitioned to become a Leaders branch in February and the move will also see LRG welcome the existing employees of EuroLet to the group. They will continue to use their expert knowledge of the local area to provide a friendly and efficient service to landlords and tenants."
LRG has also expanded in the East Midlands by acquiring Lincolnshire-based Hill & Clark, which has physical offices in Boston, Spalding, Holbeach and Bourne along with a virtual branch in Skegness.