Belvoir Group PLC’s £4 Million Property Group Acquisition

Browne Jacobson advised Belvoir Group PLC on the deal.

One of the UK’s leading property franchise groups on its acquired estate and lettings agents, White Kite Holdings 2021 and its two subsidiaries, White Kite and Nicholas Humphreys Franchise (known collectively as Nicholas Humphreys).

The deal means the Belvoir franchise group who deliver residential lettings, sales, and property related financial services have now extended their network to 439 businesses across all of their six brands and takes their combined managed property portfolio to over 70,000. Belvoir was originally set up in 1995 as a lettings franchise.

Leicestershire based Nicholas Humphreys are a national independent estate and letting agents, specialising in property sales, professional lettings and student lettings from Portsmouth through to Durham and across from Stoke-on Trent to Norwich (including many major University towns).

The Browne Jacobson team comprised of corporate finance partner Mark Hughes (Picture) who led on the deal and legal director, Beth Dowson and senior associates, Rachael McDonald and Sam Sharp.

Involved fees earner: Beth Dowson – Browne Jacobson; Mark Hughes – Browne Jacobson; Rachael McDonald – Browne Jacobson; Sam Sharp – Browne Jacobson;

Law Firms: Browne Jacobson;

Clients: Belvoir Group PLC;

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Federica Tiefenthaler

Author: Federica Tiefenthaler