Founded by Will Linley and Nick Simpson 20 years ago, Linley & Simpson employs 180 people across 11 regional branches, manages a portfolio of more than 6,000 properties and generates a turnover of more than £9m.
Image: Nick Simpson and Will Linley, Co-Founders, Linley & Simpson
In June 2018 LDC made an investment in Linley & Simpson to support its expansion.
The deal sees LDC back the existing management team with a £10m investment to drive its acquisition strategy as well as support technology developments to enhance its focus on delivering the best possible service to landlords, tenants, buyers and sellers.
Just three months after the deal, Linley & Simpson took over the letting portfolios of both Leeds-headquartered Hitchen & Co and McCartney Lettings, located at Bishopthorpe village in York. This brace of deals takes the number of acquisitions completed by Linley & Simpson in its Yorkshire heartland to six this year alone and the first since LDC's investment.
The twin acquisition has resulted in an extra 340 properties being transferred to the management of Linley & Simpson. This influx propels its total portfolio of properties under management in Yorkshire past the 6,000 milestone for the first time.
In October 2018 Linley & Simpson continued its acquisition trail with the acquisition of the long-established Angus Roberts letting agency in Ilkley. The deal will see its letting portfolio of 240 homes transfer to Linley & Simpson’s Ilkley branch.
Just one month after the acquisition of Angus Roberts, the business acquired the residential sales and lettings business of Ilkley-headquartered Dale Eddison - crowned the UK’s Best Small Agency in the industry’s Oscars earlier in the year. The deal has resulted in Linley & Simpson buying Dale Eddison’s five offices - located in Ilkley, Otley, Guiseley, Silsden and Skipton – to extend its presence across the sought-after Wharfe and Aire Valleys.
In Novmber 2018 LDC’s £10m investment in Linley & Simpson won ‘Deal of the Year (£5m - £25m)’ at the Yorkshire Dealmaker Awards.
Will Linley, Co-Founder and Managing Director, Linley & Simpson
Through our partnership with LDC, we aim to boost this growth and increase the number of properties we manage from 6,000 to 10,000 over the next three years, bringing our market-leading services to a wider range of customers across the Yorkshire region.