LRG Expands East Midlands Presence with Acquisition of Osprey Property

Founded and firmly rooted in market-town locations, Osprey Property is an independent, family-owned estate and letting agency. The business prides itself on being the only independent ‘market-town specialist’ across those towns, offering personable, local and specialist expertise. Osprey’s team is made up entirely of local residents, using their shared knowledge of the area and network of offices to showcase properties to a wide audience of buyers and tenants. This local-first ethos and reputation for high-quality service are key reasons the team at Osprey is an ideal partner for LRG.

The business will continue to operate under the existing Osprey brand within LRG. All staff will remain with the company, including Managing Director Graham Freeman, who rejoins LRG having previously worked with the Group five years ago.

Matthew Light, Group Mergers & Acquisitions Director at LRG, commented, “This is another significant acquisition and another strong step in our strategy to partner with high-quality multi-branch regional agencies. We are delighted to expand our footprint into three new towns within an area where we already have a growing presence. This marks our second multi-branch acquisition in just three weeks, following the purchase of the Northern Estate Agencies Group, and reflects the strong momentum behind LRG’s expansion plans. We continue to actively work on several strategic opportunities across the property sector and are already building an exciting pipeline for 2026.”

Graham Freeman, Managing Director at Osprey Property, commented, “Joining LRG is an exciting step for Osprey. We’ve built a loyal customer base and strong local teams, and being part of a larger group will enable us to continue delivering the personal service we’re known for, with the added benefit of national support and investment. I’m looking forward to working with the LRG team again and to the opportunities this partnership will bring for both our staff and clients."