A Martin & Co franchisee has added almost 100 lettings properties to its portfolio.
The Martin & Co Beeston, Nottingham City and Nottingham Hucknall branches have acquired 97 managed properties from SOLOS Residential, which is based in the same city.
The three Martin & Co branches are run by Martin and Kate Crown, alongside their sons Steven and Tony, and were helped with the transaction by parent company the Property Franchise Group.
Steven Crown said: “We’re extremely pleased to have completed the acquisition of SOLOS, which is an agency much like our own in that it’s family run and has a similar focus on delivering strong customer service.
“My parents’ background was in financial services before they decided to move into the lettings business and it’s become very much a family affair since then.
“Martin & Co was a very different proposition back in 2001 and was more of a lifestyle option for my parents who were keen to semi-retire.
“But with the advice from the Property Franchise Group on how to build the business, our portfolio grew rapidly so semi-retirement quickly became less of an option.”
Louise Griffiths, managing director of Martin & Co, said: “I’m delighted the Crown family have been able to complete on the acquisition of SOLOS Residential.
“They’ve enjoyed huge amounts of success in Nottinghamshire since 2001 and this acquisition means almost 100 additional properties and their landlords and tenants will benefit from their superb levels of customer service and family values.”