Agency reveals expansion plans after delivering 20% revenue growth in 2022

The Stirling Ackroyd Group says it delivered 20% revenue growth alongside the opening of five letting and sales offices and the acquisition of three property companies in London and the South East in 2022.

EYE requested to see the accounts, including revenue, but Stirling Ackroyd Group declined to share the data.

The businesses acquired include Red Bear Property Management, Hamilton Chess and Castle Estates, which have all rebranded as Stirling Ackroyd.

The group also opened sales offices in Earlsfield, Canary Wharf and Nine Elms in London, a sales and lettings office in Byfleet, Surrey, and a lettings office in Englefield Green, Surrey.

The company intends to acquire a similar number of property businesses over the next 12 months and open sales and letting offices in strategic locations across London and the South East.

Nick Dunning, chief executive, said: “We have been focused on building a fast-growing and profitable business where people are proud to work and where we deliver excellent customer service year after year.”

“As we continue our growth trajectory, we will continue to do so with our people, our clients and our partners at the heart of what we do. We are proud of the initiatives we have launched this past year, such as an internship programme for youth development in the communities we serve, increasing our range of electric vehicles and implementing an employee equality mentoring programme.”

Since Nick Dunning Associates took over management of Stirling Ackroyd in 2017, the business claims to have grown exponentially. It is now home to 35 sales and lettings offices and more than 420 employees. More than 20 sales and lettings companies have been acquired over the past five years and the group has built successful surveying, commercial and new homes divisions.

Dunning added: “2023 will be another big year for us as we look to grow organically and through acquisition, and as we maximise the synergies and revenue opportunities with our new homes, commercial and surveying teams.”



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