We are pleased to have supported Foxtons with their acquisition of Cauldwell Property Services.

Overview of the deal

Led by George Thresh, Buzzacott provided Financial and Tax Due Diligence and Transaction Advisory services to Foxtons in their £6.5m acquisition of Cauldwell Property Services.

The acquisition will serve as Foxtons' hub in Milton Keynes and, supported by the industry-leading Foxtons Operating Platform, is expected to drive organic growth through revenue and cost synergies, alongside enabling high ROI bolt-on acquisitions.

The wider Buzzacott team was made up of Alex Judd, Victoria Sunley, Kazia Kruszewski, and Nicholas Atkinson.

We are delighted to continue the relationship with Foxton’s acquisition team and support their growth strategy with this being the 10^th project we have supported them on in recent years.

Who are the firms involved?

Founded in 1981, Foxtons is London's leading estate agency and largest lettings agency brand, with a portfolio of over 31,000 tenancies. The Group operates from a network of interconnected branches in London and surrounding high growth commuter towns, offering a range of residential property services across three business segments: Lettings, Sales and Financial Services.

Cauldwell is the leading independent agent in Milton Keynes and will serve as Foxtons' hub in the region driving both organic growth and enabling bolt on acquisitions.

"Thanks George, amazing work by you and the wider Buzzacott team. Always appreciated by us all at Foxtons."

- Andy Bushell, Acquisitions Director at Foxtons