Estate agency eyes further acquisitions after snapping up 167-year-old firm

Glasgow-based estate agent and law firm Pacitti Jones has snapped up 167-year-old practice Alexander, Jubb & Taylor, of which Bill Nugent is the only partner.

The company has also declared an interest in completing more acquisition deals, with Pacitti Jones chief executive John O’Malley telling the press that the firm is looking to expand operations further north of the border.

He told The Herald: “It is an exciting time for Pacitti Jones as we look to expand our operations across Scotland.

“There are likely to be further agency acquisitions coming soon and we are currently in discussions with a number of legal and letting firms. These will all be in Scotland – Greater Glasgow and West Central Scotland and we [are] also looking to move our expansion across Scotland too.”

He added: “We are delighted to have Bill and Alexander, Jubb & Taylor join Pacitti Jones. From our branch in Alexandra Parade, we see the vibrancy of the local area – with new businesses popping up and new housebuilding planned there is a buzz about Dennistoun and its surrounds.

“We continue to remain committed to delivering professional services within local communities and look forward to adding our estate agency, landlord letting services and financial services to the legal offering of Alexander, Jubb & Taylor, providing wraparound care for all the property and legal needs of local people.

“We think that personal service will always beat the anonymity of the internet when it comes to crucial matters like making a will, buying a house or dealing with a loved one’s estate.”

Reflecting on the new partnership, Nugent commented: “I have been looking at succession for some years and wanted to find a home for my clients and business with a business which shared our ethos and commitment to the local community and delivering services locally and in person.

“Pacitti Jones clearly shared my view that the high street is not dead, and that people deserve locally based, professional services within their community.”

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