Freeths has advised Linley & Simpson on the LDC backed merger with Lomond Capital in a £100m transaction creating a new national lettings and estate agency group.

The merged national group will have a combined portfolio of more than 22,000 properties under management and major hubs in private rental hotspots including Aberdeen, Birmingham, Brighton, Edinburgh, Hull, Leeds Manchester, Sheffield and York. The transaction brings together brands including Linley & Simpson, Thornley Groves, Brand Vaughan, John Shepherd, Stonehouse and Braemore.

The transaction was supported by further acquisition facilities provided by LGT Capital Partners, and the business is now aiming to strengthen its nationwide network through complementary acquisitions and organic growth.

The Freeths team was led by Dahren Naidoo and supported by Fiona Woodhead, Sarah Moore, Rosanna Brown, Megan Atack, Farrell Tang and Alex Angelides.

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