Lomond has acquired Ocean Property Services Group, adding 12 branches to its network.
The deal also creates a new regional hub for Lomond in Bristol.
As a result, the acquisition strengthens Lomond’s presence in the South West. It also adds a sizeable sales and lettings operation to the group.
Ocean has operated for more than 40 years. It started with a single branch in Bishopston.
Since then, the business has expanded across Bristol and North Somerset. It now operates from 12 branches.
Ocean covers residential sales, lettings, conveyancing, property management and financial services.
Meanwhile, the deal gives Lomond a platform for further growth across Bristol and the wider South West.
It marks the latest acquisition by Lomond as the group continues its expansion across regional property markets.
In addition, Ocean will now form the centre of Lomond’s new Bristol hub.
Rob Mott, chief revenue officer at Lomond, remarked: “Ocean is a highly respected brand with a 40-year heritage, a loyal customer base and a reputation for excellence. We’ve long recognised Bristol as a critical market for our national growth plans, and we were committed to identifying a business with both scale and deep local roots. Ocean’s strong culture, exceptional team, and commitment to client service align perfectly with Lomond’s values. Ocean’s addition as a new hub brand greatly enhances our presence in the South West, and we’re incredibly excited to welcome the Ocean team and clients into the group, support their continued success and build on the strong legacy they have created over four decades.”
Paul Harris, founder of Ocean, commented: “After founding the Business 42 years ago, I am extremely proud of what Ocean has today become. I leave behind a business with a strong brand, great people and valued clients and wish everyone well on the next chapter”.
Chris McLaughlin, director at Ocean, added: “Ocean has always been a Bristol business, built by local people with a passion for serving local communities. Over the years, we’ve worked hard to raise standards, invest in our people and deliver a level of service that genuinely stands out in our market. As we looked ahead to the next chapter, finding the right partner that shared those ambitions was essential. Lomond recognises the strength of what we’ve built and gives us the platform to keep improving, innovating, and growing, without losing what makes Ocean, Ocean.”
