Fast-growing property firm Leaders has expanded into Southend, Essex, with the acquisition of Tudor Estates,
The firm was founded in 1959, and now becomes Leaders’ 118th branch.
Southend-based Tudor Estates has joined the Leaders Group, one of the UK’s fastest-growing estate agents.
The deal comes just weeks after Leaders acquired another Essex company, More Estate Agents, with branches in Clacton, Colchester, Chelmsford and Braintree.
Kevin Shaw, national sales director at Leaders, said: “Adding a fifth branch to our growing presence in Essex is fantastic news. We believe the county is an important property market with plenty of potential.
“The Tudor team has gained a tremendous reputation in Southend over many years and we look forward to building on this.
“We are particularly pleased that the entire Tudor team has opted to remain with us and are enthusiastic about being part of Leaders and the opportunities this brings them.
“It means we have got off to a positive start in Southend and are continuing to deliver a great service by local experts without interruption.”
This is Leaders’ third acquisition this year following a busy 2015 in which it spent over £25m on 11 acquisitions and 32 new branches.
Shaw said: “Our expansion plans remain on track and we look forward to reaching more parts of the UK and opening many new branches over the course of 2016.
“We expect to complete further acquisitions in the coming weeks.”
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