Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property Industry Eye. Read the original article for full details.
Former Belvoir Director Launches Estate Agency Acquisition Brokerage
Martin Bunney, former recruitment and acquisitions director at Belvoir Group, has launched The Business Acquisitions Group, a new brokerage focused on estate agency acquisitions and business sales. The company aims to assist agents in identifying acquisition opportunities, managing transactions, and supporting business resales.
Bunney brings 13 years of experience from his time at Belvoir Group, where he worked with 154 franchisees on acquisitions and 140 franchisees on business resales, overseeing transactions with a combined value of more than £50 million. The Business Acquisitions Group will utilise Bunney’s industry experience alongside AI technology and marketing tools to help buyers find acquisition opportunities and support business owners looking to sell.
The new venture is designed to work confidentially with independent agents of all sizes, supporting both buyers and sellers, but only representing one party per transaction. The Business Acquisitions Group has invested in a new website and AI software to match prospective buyers with suitable business opportunities, while also emphasising the importance of personal interaction throughout the process.
The launch comes at a time when, according to Bunney, more independent agents are considering selling their businesses due to increasing legislation and rising interest rates. The Business Acquisitions Group offers services to agents and franchisees seeking assistance with exit strategies or preparing their businesses for future expansion.
Source: Property Industry Eye