Business as usual as Besley Hill is taken over in £2.5m deal
Published on: 02 May 2017
Besley Hill Estate Agents, which has 15 franchised offices throughout Bristol, Gloucestershire and South Gloucestershire, has been taken over in a deal worth £2.5m.
The group has been acquired by Hunters, one of the UK’s leading estate agency and franchise businesses, increasing the number of branches within their national network to over 200.
Founded over 40 years ago, the Besley Hill network has grown to include offices at Bedminster, Bishopston, Bishopsworth, Chipping Sodbury, Easton, Fishponds, Kingswood, Knowle, Thornbury, Whitchurch Village, Wotton-Under-Edge, Downend, Stroud, Dursley and Longwell Green.
Adam Offer, managing director of Besley Hill, said: “Hunters’ national reach and reputation, combined with its strong focus on local ownership and local knowledge through its franchise model, is very exciting for us and represents great opportunities for the future.
“As all of our branches are franchised, the acquisition complements Hunters’ business strategy very well as well as enabling us to share our principles of delivering excellent customer service in both residential sales and lettings.”
Mr Offer and Besley Hill finance director Alli Firks-Matthews have agreed to sign up their own three offices to new franchise agreements with Hunters as part of the deal and they will continue to be involved in the day-to-day running of the business.
Mr Offer has been with the firm since he joined Philip Besley and Robert Hill following the opening of the first Besley Hill office at Kingswood in 1976. Growth has been mainly organic but the expansion into South Gloucestershire followed the acquisition of several estate agency offices from The Halifax.
David Vincent from the Downend branch said: "We are very excited and are really looking forward to the opportunity of working under the banner of Hunters. The message to the homeowners of Downend and surrounding areas is that the name above the door will change but the same experienced members of staff will continue to work within our Downend office. David Bamforth and I will continue to be the most experienced valuers working within the area, but we will now have the latest technology and a vast amount of resources at our fingertips in order to provide an even better service."