Investment type
- Development capital
Lomond is the UK’s leading network of sales and letting agents.
Unrivalled acquisitive growth
LDC invested in Yorkshire-based Linley & Simpson in 2018, before supporting its £100million merger with Lomond Capital to form Lomond in 2020.
Lomond is a leading property management services provider to the UK lettings and sales market and one of the fastest growing platforms in the UK. It has completed 65 acquisitions, growing from 22,000 to more than 50,000 properties.
From Aberdeen to Brighton Lomond’s impressive network of regional brands, estate agents, and lettings businesses span across the UK.
A workplace for its people
Lomond’s management team, led by CEO Ed Philips and Founder and Chairman Stuart Pender, has invested heavily in the business’ people, growing its team from 600 to 1,900 employees in three years.
With LDC’s support, Lomond was recognised in Sunday Times Best Workplace 2024 Awards for creating an inspiring and healthy workplace.
Our management team has done an excellent job over the last three years in building a market-leading platform and we have been well supported by LDC during this critical phase of our growth.”
Exceptional results
In November 2024, LDC exited its investment in Lomond following a transformational growth journey.
The transaction delivers a money multiple return of 3.5x for LDC.
LDC has reinvested in Lomond alongside new investor ICG, the global asset manager, the founding Chairman and management.
The transaction will support Lomond’s continued growth strategy of further consolidation through M&A in its existing markets and provide additional capital to drive expansion into new regions.
Continued buy & build
In 2025, Lomond strengthened its position in London’s property market completing six strategic acquisitions. This includes, the acquisition of Hamnett & Ganpot, a boutique agency with a well-established presence in the Battersea waterside area, Vantage, which services the international landlord audience, Kinleigh Folkard & Hayward, a 60-branch market-leader and Glenthorpe Properties, the Putney-based lettings specialist agency.
We’ve had a superb journey so far with LDC. What we’ve achieved together is a testament to the hard work and passion of our people and I am delighted they will remain as a partner going forward.”
Awards
Best Places to Work 2025 (Big organisation)
The Sunday Times
Best Places to Work 2024 (Big organisation)
The Sunday Times