Letting agent expands operations with latest acquisition
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One of the North’s leading residential letting agents has expanded its Sheffield operations just six months after launching in the city, after completing another acquisition deal.
Linley & Simpson has taken over the rental portfolio of independent agency Cactus Living, based in the riverside urban village of Kelham Island.
The deal sees the total number of Sheffield rental properties managed by Linley & Simpson swell by about a 33%.
It also paves the way for the agency to relocate its Sheffield base from Queen Street into the bigger and more prominent offices formerly occupied by Cactus on Green Lane.
The Cactus team of staff will all transfer to Linley & Simpson, alongside its founder Howard Wade, who set up the company in 2008 as one of Kelham Island’s first lettings and property management companies.
Nick Simpson, CEO of Linley & Simpson said: “We are delighted to welcome Cactus Living’s clients and all its team members into the Linley & Simpson family.
“This is a great opportunity for us, allowing us to extend our footprint in Sheffield and further progress our ambition of being the number one agency in the district.”
He added: “Between both agencies, we pool almost 40 years of Yorkshire expertise in meeting the needs of tenants and landlords, sellers and buyers.
“This creates a strong platform on which to innovate and strengthen our customer service, as well as expand further through more acquisitions in and around the city.
“As lockdown restrictions ease, this acquisition is a timely signal of our continued confidence in Sheffield and its all-year-round appeal as a place to live, work and study.”
Linley & Simpson has had a busy year since opening its doors in Sheffield in December, after acquiring Lewis Wadsworth and Sheffield Residential.
At the turn of the year the business which was founded by Simpson and Will Linley in 1997 joined forces with Edinburgh-based Lomond Capital and is now part of the Lomond Group of residential letting and sales agencies across England and Scotland.
Since then the business has made a number of acquisitions as the business focuses on being the leading letting agent in the North.