Thursfields has advised Jon Sugden on the sale of Worcestershire based letting agent, Simply Lets Limited, to national lettings group Leaders.
Simply Lets is a leading Worcestershire based lettings agent and manages an extensive portfolio of properties for landlord clients across Worcestershire from its offices in Worcester and Bromsgrove. Leaders is a national chain of letting and estate agents and one of the fastest growing letting and estate agency groups in the UK.
Thursfields advised on the corporate, employment and commercial property aspects of the transaction. The Thursfields team was led by directors Gareth Burge (corporate), Michelle Chamberlain (employment) and Nick O’Hara (commercial property). They were supported by Debbie Brown (employment) and Tim Brewster (corporate). Finance, tax and accounting advice was provided by Haines Watts.
Nick O’Hara, client relationship director and Thursfields’ managing director commented: “We are delighted to have advised Jon on the sale of Simply Lets and we wish him, and Simply Lets, all the very best for the future. The deal has come at a busy time for our corporate and transactional teams. As M&A activity in the local and national market continues to increase, our lawyers are being called upon to advise on a growing number of transactions involving businesses based in Worcestershire, the West Midlands and beyond.”
Jon Sugden who sold Simply Lets commented: “I was greatly impressed by the depth of knowledge and the professionalism of the Thursfields team and the high level of service provided. Without this, the challenging target deadlines could not have been achieved. I do not think the process could have been handled better and I would have no hesitation in using the services of Thursfields again or indeed recommending Thursfields to friends and colleagues.”