Leaders Romans Group has announced the acquisition of Tennants Property Lettings Ltd, a well-established letting agency in Eastbourne. The acquisition forms part of LRG’s strategic expansion, further enhancing its presence in the Eastbourne lettings market.
Tennants, founded in 1970 by Evelyn Tennant, has been under the leadership of the Sheppard family since 2000. The current owners, Peter and Alex Sheppard, have built a thriving lettings-focused business that has become a trusted name amongst Eastbourne’s rental community.
Leaders Romans Group will provide the extra specialist knowledge, resources and services we would want to offer.
The agency will now operate under Leaders, but to maintain continuity, all the current staff will remain and the business will continue operating from its existing premises.
Matt Light, Group Mergers and Acquisitions Director at LRG, commented:
“This is our third acquisition in the last month, and there are more to come in the weeks ahead. The acquisition of Tennants bolsters our already robust lettings market share in Eastbourne and reflects our commitment to growing our lettings portfolio.”
Alex and Peter Sheppard shared their thoughts on the acquisition: “With the support of our landlords, tenants and associates, Tennants has developed to where we now believe the interests of our clients and colleagues would be best served as part of Leaders.
“We leave with the reassurance that Leaders Romans Group will provide the extra specialist knowledge, resources and services we would want to offer.”
This acquisition, Romans say, aligns with its broader strategy of expanding its lettings operations in key regions across the UK.
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