OWNERSHIP REMAINS IN LOCAL HANDS AFTER BRADLEYS GROUP MANAGEMENT BUY-IN
Bradleys Estate Agents Limited is the largest independent estate agency in the West Country, providing estate agency, lettings and associated services.
The group was founded in 1992 with the vision to provide the complete property service and since then has established a quality reputation in the market, expanded its service offering and grown to over 30 offices across the region.
This transaction will ensure full ownership remains in the management team’s hands and enable retiring shareholders to leave the business.
“We are keen to build on the solid foundation laid over recent years and are excited about our future growth plans of the business. It is very much business as usual for Bradleys Group and we will continue focusing on providing a quality service for our customers.” said Brian Bradley, Chairman of Bradleys Group.
Isca Ventures acted as the lead corporate finance advisors on the transaction, with funding provided by NatWest Structured Finance and legal support from Michelmores and OTB Eveling.
“It was a pleasure to put this transaction together and work with the Bradleys Group management team. Bradleys Group is a good quality local business with a strong management team, with all the ingredients in place to continue its success in the future.” added Mark Champion, Partner, Isca Ventures.
“We were delighted with the advice provided by Isca Ventures. From helping to structure the deal with the shareholders to raising the necessary funding they guided us through the entire process. We would highly recommend them to any team considering such a transaction” added Brian Bradley.