Sourced has appointed experienced consultant Martin Bunney to push forward with its aggressive new mergers and acquisitions programme.
Prior to joining Sourced Bunney was Acquisitions Director for the Belvoir Group and during his 10-year tenure helped to initiate the company’s acquisitions programme.
During his time with Belvoir he oversaw 154 franchisee acquisitions and 140 resales.
Now Sourced has put together an experienced, dedicated new Acquisitions Team to activate an aggressive mergers and acquisitions programme that it says will transform the landscape of lettings agencies in coming years.
PROGRESSIVE BUSINESS
Bunney (main picture) says: “I’m delighted to now be working with Sourced, a highly progressive business led by founder and CEO Stephen Moss.”
The mergers and acquisitions team, which includes Sourced Brand Manager Sarah Byrne, who has over 25 years of experience in franchising, is constantly identifying new acquisition opportunities, and actively engaging with independent agents seeking an exit strategy.
Bunney adds: “The lettings’ market is entering a period of accelerated consolidation, with increased regulation, compliance burden and rising costs pushing smaller agencies towards exiting. January is already producing many amazing opportunities.
“Sourced’s aggressive positioning towards Mergers and Acquisitions is helping to ensure that the brand becomes synonymous within the sector as a proactive consolidator, looking for aligned, professional buyers.”
“The timing has never been better.”
And he says: “In my opinion, for anyone considering taking advantage of unprecedented market conditions and becoming a Sourced Living franchisee, the timing has never been better.
“Franchisees can be assured that they are joining a company that supports business growth with full funding for viable acquisitions. This level of funding is unmatched by any of our competitors.”
INSTANT LOCAL PRESENCE
Sourced CEO Stephen Moss says: “We are delighted to welcome Martin to the team and know that his experience and skills with mergers and acquisitions will be invaluable to our programme.
“Acquisitions are a fast-track way for franchisees to have an instant local presence, immediate recurring income and will accelerate business expansion much quicker than pure organic growth.
“Within 12 months of joining Sourced, franchisees will have the opportunity to acquire another fully funded lettings’ business, with access to all the necessary support and training to ensure continuity and stability during ownership transit and beyond.
“Sourced has already taken on eight new franchisees since October and we would urge anyone interested to contact us to find out more.”
