Go to deals
Real Estate

Marsh & Parsons Limited has been acquired by LSL Property Services plc

Marsh & Parsons Limited, one of London’s leading and best known estate agencies, has been sold to LSL Properties Services plc. (LSL) for a consideration of approximately US$85 million.

Marsh & Parsons, founded in 1856, operated within the confines of Kensington and Chelsea until 2005 when Dublin’s largest estate agency, Sherry Fitzgerald Group, and the management team, led by Peter Rollings, acquired the firm. This change of ownership allowed Marsh & Parsons to expand and the firm now has 15 offices situated in central, south and west London. Marsh & Parsons will continue to operate as an independent brand within the LSL group.

LSL Property Services plc is a leading provider of residential property services to its two key customer groups. Services to consumers include estate agency, lettings, surveying, and advice on mortgages and non-investment insurance products. Services to mortgage lenders include valuations and panel management, asset management and property management.

Oaklins Cavendish, based in the UK, was appointed by the shareholders to sell Marsh & Parsons. The company attracted strong interest from a wide range of buyers including private equity groups, high net worth individuals and both UK and international trade buyers. Key to the selection of LSL as the preferred bidder was its ability to offer a synthetic private equity structure giving the management of Marsh & Parsons the independence and economic upside of a private equity deal while benefiting from the secure funding and long-term commitment of a strategic buyer.

Parties

Talk to the deal team

 Peter  Gray

Peter Gray

Partner
London, United Kingdom
Oaklins Cavendish

Related deals

Aenza S.A.A. has completed a follow-on
Private Equity | Construction & Engineering Services | Energy | Real Estate

Aenza S.A.A. has completed a follow-on

Aenza S.A.A. has completed af follow-on to prepay part of a recently renegotiated bridge loan.

Learn more
sigo green GmbH has acquired the assets of sigo GmbH in the context of insolvency in self-administration
Consumer & Retail | Real Estate | TMT

sigo green GmbH has acquired the assets of sigo GmbH in the context of insolvency in self-administration

sigo GmbH has sold its assets as part of a transferring reorganization to sigo green GmbH.

Learn more
Mydas Real Estate Investments has issued bonds
Real Estate

Mydas Real Estate Investments has issued bonds

Mydas Real Estate Investments Ltd. has raised funds to refinance and develop the company.

Learn more