Ex-Countrywide Director acquires Badger Holdings Group

Ex-Countrywide Director acquires Badger Holdings Group
Nick and his team bring a wealth of experience and knowledge that will be invaluable in helping us to grow our business and achieve our objectives

Nick Dunning Associates has made its first large scale acquisition with the purchase of London and the Home Counties letting and sales agency Badger Holdings Group.

The Badger Holdings Group has a 26-branch network operating through two high street brands – Townends and Regents. It is a customer centric business with an excellent reputation and a fantastic management team who will be staying to drive the business forward.

Nick Dunning Associates was founded by Nick Dunning soon after leaving Countrywide plc, where he was formerly commercial director running amongst other things their fastest growing and most profitable division, lettings. During his tenure at Countrywide he oversaw the acquisition of circa 100 businesses throughout the UK.

Working with a leading private equity investor, Nick Dunning Associates has the objective of building a new scale player in the lettings agency sector and is actively looking to acquire further lettings focused agencies across the UK. The firm is open to working with established management teams who are prepared to stay with their business post acquisition and share in its continued growth.

Nick Dunning, CEO and Founder of Nick Dunning Associates, said: “The Badger Holdings Group is an extremely well run business with an excellent reputation and a solid record of profitability. It is a great platform from which to grow our business in London and the Home Counties. We will be looking for the management team to drive growth organically in all its business divisions but also through strategic acquisitions and expanding their branch footprint.”


Seamus Kavanagh, Group CEO of Badger Holdings Group, had this to say: “Everyone at Badger is very excited by the acquisition of our business by Nick Dunning Associates. Nick and his team bring a wealth of experience and knowledge that will be invaluable in helping us to grow our business and achieve our objectives. I would be pleased to hear from owners of other lettings focused businesses in London and the Home Counties who may be considering an exit in the next few years.”

Matt Hewitt, Commercial Director of Nick Dunning Associates, added:  “This is the first major transaction of 2017 and it demonstrates that despite the impact of Brexit and the forthcoming ban on tenant fees, professional investors still have confidence in the future prospects for the UK rental market.”

Join our mailing list:

Leave a comment



Our Next Event

Complex Lending Roadshow March 2017

Complex Lending Roadshow March 2017

Bolton - 14/03/2017

Barnsley - 15/03/2017

Solihull - 16/03/2017

Watford - 17/03/2017

Register now

Latest Comments

Matthew Hollywood
Matthew Hollywood 07 Feb 2017

Matthew Hollywood - Director Mishon Mackay Land & New Homes - Brighton The shortage of New Homes is in part effected by the lack of land sales. Land sales are held back because there is a disparity between...

view article
CommercialTrust
CommercialTrust 30 Jan 2017

Hi Graham, Would be interesting to see the above figure calculated against an investment via a Lt Company /SPV structure and if the investor found themselves pushed in to the higher tax bracket. Mortgage...

view article
Tony Gimple
Tony Gimple 16 Jan 2017

HMOs do make great commercial sense, but do the area research first!

view article
OJoyce
OJoyce 30 Dec 2016

We can only hope this will bring the results we all want and strive for.

view article
Reality
Reality 21 Dec 2016

The changes to land tax were a shock to many when it was first announced by the Chancellor in 2015?s Autumn Statement. However, once the changes came into place and the full details were digested, it?s...

view article
akbar ali dayala
akbar ali dayala 20 Dec 2016

I am a landlord and director of an online letting agents at the moment we charge tenants minimal fees and landlord also meaning we can get best deals for tenants all around if the ban comes in it...

view article
milessgabriel
milessgabriel 05 Dec 2016

Useful article

view article
Spencer Fortag
Spencer Fortag 30 Nov 2016

I am glad that someone listened to me!

view article
Tony Gimple
Tony Gimple 27 Nov 2016

It's not just the lack of estate agency advice that's costing landlords money; most are getting seriously bad advice from their accountants resulting in tax bills far higher than they need to be. Likewise,...

view article
Sally Walmsley
Sally Walmsley 18 Nov 2016

The RLA stands by its sell-off statistics. While we welcome the feedback from Mr Jagota and are delighted to hear how well things are going for landlords in the north east, we would like to make it clear...

view article
Sheryl87
Sheryl87 18 Nov 2016

The high employment levels and the vibrant economy has led to ever-increasing demand for rental properties, especially from professionals relocations from other cities. This has led to more experts teaming...

view article
Sheryl87
Sheryl87 18 Nov 2016

Renting out your house can be risky business. It's good to think about residential landlords insurance. Standard cover includes buildings cover and cover for loss of rent following damage to a property...

view article

Related stories

More articles from Business