Sale of Penyards Property Management

    Completion Date: 31/10/17

    Target: Penyards Property Management Limited

    Acquirer: Romans Group

    Deal Value: Undisclosed

    Details: Paris Smith acted for the shareholders of Penyards Property Management Holdings in the sale of the lettings company to Romans Group. The deal involved a pre-sale reorganisation in which the sales and estate management side of the business were separated from the lettings portfolio

    Corporate Finance Advisers: McIntyre Hudson

    Legal Advisers: Paris Smith (Richard Atcherley and Arezou Rezai) for the sellers. Dean Wilson for the buyer