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.
LRG Acquires Historic Midlands Agency Doolittle & Dalley
LRG has completed the acquisition of Doolittle & Dalley, a long-established Midlands estate agency that has been in the same family’s ownership for more than 130 years. All employees will join LRG, and the Doolittle & Dalley brand will continue to operate under its existing name.
Founded in the late 19th century, Doolittle & Dalley has operated continuously as a family business, with members of the founding family still working within the company. The agency provides residential sales, lettings, commercial lettings, and block management services across the Midlands.
The acquisition strengthens LRG’s national network, which now comprises around 340 high street branches operating under 27 agency brands. LRG has expanded in recent years through acquisitions, often retaining the established local brands it acquires to preserve local identity and customer recognition.
Doolittle & Dalley has built a long-standing presence in its local market, serving generations of customers and developing a business that spans residential and commercial property as well as block management.
LRG’s acquisition of Doolittle & Dalley follows its recent purchase of independent London estate agency Farrar & Co. Farrar & Co, based in Fulham and established in the 1950s, specialises in residential sales and lettings and continues to trade under its existing brand, with all employees transferring to LRG. Following the acquisition, Julian Chambers has remained with Farrar & Co, while Terje Gilje has stepped down.
LRG has also acquired Chelsea-based Principia Estate and Asset Management, which manages around 250 residential buildings, many located within London’s conservation areas. Principia has retained both its brand and existing leadership team after joining LRG.
These acquisitions reinforce LRG’s strategy of acquiring established regional and specialist businesses while retaining their local brands, management expertise, and market presence.
Source: Property Industry Eye