Breaking Property News – 03/06/24

June 3, 2024

Daily bite-sized proptech and property news in partnership with Proptech-X.

 

The Property Franchise Group’s acquires part of nurtur.group in £20M deal

Press Release London 03/06/2024 – TPFG growth continues with the acquisition of The Guild of Property Professionals and Fine & Country.

We are pleased to announce that The Property Franchise Group PLC (TPFG) has acquired The Guild of Property Professionals and Fine & Country (part of nurtur.group).

The combined business will comprise of a network of over 1,800 outlets across the UK and internationally, bringing together a wealth of experience and expertise.

Iain McKenzie, comments on behalf of The Guild of Property Professionals and Fine & Country, “Myself, Nicky Stevenson and the Senior Management Team are genuinely delighted and excited by the opportunities created by our two businesses coming together, placing The Guild Members and Fine & Country Licensees under an established and growing organisation, broadening TPFG’s geographical footprint.

We have a proven track record of delivering innovation and marketing services to our Members and Licensees, and as a consequence of now being part of a larger group our customers will benefit from existing supplier partnerships, allowing us to introduce significant additional benefits”.

Gareth Samples, CEO of TPFG added “The latest acquisition continues to deliver on our wider strategy of delivering breadth and depth to our network, further enhancing TPFG’s recurring revenue streams. I am really excited about working alongside Iain McKenzie and the team to continue the growth across the Group and providing additional benefits to our network”.

Andrew Stanton, ex NED of nurtur.accelerator & CEO of Proptech-X & Proptech-PR comments, “Knowing the strengths of all the businesses in this ‘marriage’ the vast strategic strength of aligning both UK and global brands is a perfect fit, and I know that Iain & Nicky will add a significant depth of experience to the already vast amount of wisdom within the Property Franchise Group, which with Gareth Samples at the helm looks to dominate the agency vertical”.

 

Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

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