Family-run estate agency Doolittle & Dalley bought out
Surrey firm LRG has expanded into the West Midlands by acquiring business with branches in Bridgnorth and Kidderminster
A family-run estate agency has been acquired by a South East firm.
Doolittle & Dalley, which has offices in Bridgnorth and Kidderminster, has been bought out in an undisclosed deal by Surrey-based LRG.
Founded more than 130 years ago, Doolittle & Dalley has been run by the Hall family for more than a century.
It offers residential sales, lettings, commercial lettings and block management.
LRG has more than 25 different brands within its group and operates from over 340 high street branches across the UK.
It said this latest acquisition brought another established regional business into its growing network, with all staff transferring to LRG following completion.
It will continue to operate under the Doolittle & Dalley name, retaining its local identity.
Doolittle & Dalley director Richard Hall said: "We have always focused on local knowledge, long-term relationships and providing a consistent service to clients across the region.
"In considering the future of the business, the priority was to find the right long-term home for Doolittle & Dalley, with the strength and stability to support both staff and clients.
"LRG stood out because it shares our focus on local relationships and consistent service while bringing the support, scale and experience to help the business continue building on its strong local position."
LRG chief executive Michael Cook said: "This acquisition strengthens our presence in an important new area for LRG and adds another well-established regional business to the group.
"Doolittle & Dalley has built a strong position locally through consistency, experience and service and those qualities make it a natural fit for our network."
Group mergers and acquisitions director Matthew Light added: "Doolittle & Dalley is a business with real history in its local market.
"It has remained trusted within the community for generations which says a great deal about the strength of the team and the relationships they have built over time.
"The strength of the name has been built over decades through consistency, reputation and local relationships and that is exactly what attracted us to the business."
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