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Managing agent Warwick Estates has completed its purchase of Cotswold Property Management Services. This acquisition strengthens Warwick’s Cheltenham office and its presence in the wider West Country market.
Warwick Estates Director, Craig Stevens commented: “It was an obvious target for us once we heard there was the chance of a purchase. Beth McDougall has built Cotswold PM into a really strong local brand over the years and whilst talking together during the process it was obvious that they were all about the leaseholders.
“Our ideologies couldn’t have been more similar. We have really beefed up one of our eight regional offices and we will be looking to acquire other similarly well run companies to do the same across our other offices.”
Following this acquisition Warwick now has more than 400 developments under management.