Move

Acquirer: Dwelly

Dwelly, a prominent lettings and property management firm, has announced the acquisition of Move, an estate agency known for its strong local presence across Cheltenham, Gloucester, and Worcester. This strategic takeover further expands Dwelly's managed property portfolio and strengthens its market position.Summary of transaction details:Value: Not disclosedSector: Real Estate ServicesAdvisor: None mentionedKey Entities: Dwelly (Acquirer), Move (Target)Location: Cheltenham, Gloucester, Worcester (Move's branches)Note: This acquisition is part of Dwelly's ongoing expansion strategy, following a previous deal for Elliot Oliver. The move is aimed at integrating businesses with strong local roots and established cultures to enhance Dwelly's national property portfolio, which now includes an additional 1100 fully managed properties from Move.