CASE STUDY

Miles & Barr

Atomic Consultancy facilitated the successful sale of Miles & Barr, a leading estate agency in Kent, to the Lomond Group. This strategic acquisition marks Lomond's 64th and its first within Kent, expanding its footprint in the South East of England.

Business Name:
Miles & Barr

Location:
Kent, UK

Years in Business:
Est 1999

Size of Business:
2,400 Managed proprties

Services Offered:
Residential sales and lettings, commercial, land and new homes

Challenges & Goals of Selling the Estate Agency

After 25 years of operation, Miles & Barr sought a partnership that would align with its people-first approach and support its continued growth.

The goal was to find an organisation that shared its company culture and could provide the resources to further its success in the Kent property market.

Atomic Consultancy’s Approach

Atomic Consultancy provided comprehensive support throughout the sale process:

Valuation & Preparation: Conducted a thorough assessment of Miles & Barr’s market position and financial health to establish an accurate and appealing valuation.
Marketing & Buyer Search: Leveraged an extensive network to identify Lomond Group as a buyer whose values and business objectives aligned with Miles & Barr’s legacy and future aspirations.
Negotiation & Deal Structuring: Facilitated transparent and constructive negotiations, ensuring terms that honoured Miles & Barr’s history while positioning it for future growth.
Due Diligence & Completion: Provided continuous support throughout the due diligence process, addressing any concerns promptly and ensuring a seamless path to completion.

Key Takeaways

Strategic alignment and shared values between buyer and seller can lead to a seamless transition.
Atomic Consultancy’s tailored approach ensures that the unique values and legacy of a business are honoured during the sale process.
Comprehensive support throughout the sale process ensures confidence and satisfaction for all stakeholders.

Feedback

From the moment we engaged with Lucy, Laura, and the Atomic team, it was clear we were in expert hands. Their understanding of the intricacies involved in selling a business, from the technical hurdles to the emotional aspects, was evident in every conversation. For anyone thinking about selling, I wholeheartedly recommend Lucy and Atomic. They bring deep industry knowledge, discretion, and, most importantly, a personal touch to the process.

Simon Thompson, Miles & Barr

Final Thoughts From Atomic

Supporting the sale of Miles & Barr was a significant milestone for Atomic Consultancy. As our first multi-million-pound deal, it underscored our commitment to facilitating major transactions with the same personalised service we offer to all our clients. Miles & Barr’s dedication to a people-first approach and their strong presence in the Kent property market made them an ideal partner for Lomond Group. We are proud to have played a role in this strategic estate agency acquisition and look forward to seeing the continued success of Miles & Barr under Lomond’s stewardship.

Lucy Noonan, Owner & Founder – Atomic Consultancy