Add-on Acquisition • Business Services

Belvoir Group Acquires Brook Financial Services

On July 13, 2017, Belvoir Group acquired business services company Brook Financial Services for 2M GBP

Acquisition Context
  • This is Belvoir Group’s 2nd transaction in the Business Services sector.
  • This is Belvoir Group’s largest (disclosed) transaction.
  • This is Belvoir Group’s 2nd transaction in the United Kingdom.

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M&A Deal Summary

Date July 13, 2017
Target Brook Financial Services
Sector Business Services
Buyer(s) Belvoir Group
Deal Type Add-on Acquisition
Deal Value 2M GBP

Target Company

Brook Financial Services

Derby, United Kingdom
Mortgage Advice Bureau is a major mortgage network as well as the most recognised intermediary consumer brand, winning over 70 national awards for the quality of its advice and service during the last five years. With over 950 advisers across the UK, company offer expert mortgage advice on a local, regional and national level to UK consumers, both face to face and over the phone.
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Buyer Overview 1

Buyer

Belvoir Group

Grantham, United Kingdom

Category Company
Founded 1995
Sector Business Services
Employees178
Revenue 30M GBP (2021)
DESCRIPTION

Belvoir Group is an operator of nationwide property franchise group with over 300 offices across four brands offering a range of specialist services in property rental, property management, residential lettings, buy to let and property sales. With its Central Office in Grantham, Lincolnshire, the Group manages 56,000 properties. Belvoir the largest property franchise group in the UK. Belvoir Group was incorporated in 1995 and is headquartered in Grantham, the United Kingdom.


Deal Context for Buyer #
Overall 2 of 2
Sector: Business Services 2 of 2
Type: Add-on Acquisition 2 of 2
Country: United Kingdom 2 of 2
Year: 2017 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-07 Northwood GB

Fareham, United Kingdom

Northwood GB Ltd. is the largest remaining independent property franchise in the UK, provides sales, letting, and property management services through franchisees in the United Kingdom.

Buy £22M