Easthams acquired by growing national agency

Estate agency giant LRG has acquired an award-winning Preston based independent lettings company as its expansion plans continue.

Its latest acquisition is Easthams & Co. Operating from an office in Fulwood, it covers a large local area, including the Fylde Coast and South Ribble area.

Easthams was established in 1984 by Sam Eastham, the father of the current owners, Matt and Ed Eastham, who will support the business during the transition.

All the staff and the office will be retained under the deal and the brand will be maintained as well.

The deal marks LRG’s most northern acquisition to date. LRG (previously Leaders Romans Group) has embarked on a strategy to expand across England and Wales.

Matthew Light, pictured, group mergers and acquisitions director at LRG, said: “LRG is very pleased to welcome the new team in Preston, recognising their valuable industry expertise and local knowledge.

“The acquisition of Easthams is a prime example of LRG’s successful regional strategy: to focus on acquiring top-performing regional agencies with strong local reputations.

“Easthams fits this profile perfectly, adding to our existing North West presence, strengthening our market share and expanding our geographic reach further.”