Belvoir are proud to announce the recent acquisition of independent lettings agent Key Estate Agents in Attleborough by Belvoir franchise owner Clayton Foston of Belvoir Nuneaton and Hinckley.
Acquisitions give franchise owners like Clayton the opportunity to increase their territory and expand their property portfolio and continue to play a key part in Belvoir’s growth strategy.
Clayton is looking forward to increasing his business presence in the area and says: “I’ve wanted to invest in an acquisition for some time because they help move a business forward, especially in a competitive industry such as lettings.
“There are 14 letting agents on my street alone and, as Belvoir Nuneaton and Hinckley is only two years old, I saw an acquisition as a way of expanding my landlord base and accelerating the growth of my business.
“Key Estate Agents seemed the perfect opportunity because they are a very successful business with a substantial turnover. They are also very similar to Belvoir in that they are a well-organised company who don’t cut corners and keep standards high.
“Investing in the acquisition has multiplied my business by four and I now look forward to offering the Belvoir level of service to more landlords than ever before.”
Commenting on Belvoir’s latest acquisition, Chairman and CEO Mike Goddard says: “Purchases such as Clayton’s show that we continue to follow vigorously our policy of seeking new acquisition opportunities. It is a further example of Belvoir’s strategy to support our Franchisees as they expand their businesses in their local areas whilst also expanding the Belvoir brand.
“We are making good progress expanding our office base across the UK and we continue to look at a number of further acquisition opportunities to support this strategy.”
