Belvoir Group plc

Cavendish is pleased to have been trusted as lead and Rule 3 financial adviser for Belvoir Group plc, the leading UK property, mortgage and franchise group, on its proposed recommended all-share merger with The Property Franchise Group plc which has now completed

The merger creates one of the UK’s largest multi-brand lettings and estate agency groups with a growing financial services business and have a market capitalisation in excess of £200 million.

Julian Blunt, Corporate Finance Director at Cavendish, commented:

“We’re pleased to have played a key role in facilitating this strategic merger. The Combined Group is well-positioned to leverage its extensive network, creating a powerhouse in the UK’s property and financial services sector.”