Property > Estate agency expends through key acquisition

Estate agency expends through key acquisition

Belvoir estate agency, which has offices in Corby, Kettering and Coventry, is expanding with the acquisition of Simon Musto Sales and Lettings.

Simon Musto, which has an office in Sheep Street, Kettering, has been established in the town for over four decades and boasts two members of staff, both of whom will stay in position. Simon will remain in the business, mainly working from home as a remote agent.

Belvoir managing director Bobby Singh Braich said:

“We are delighted to announce this acquisition as it gives Belvoir a greater presence in Kettering. Combining our services will benefit our customers, bringing a modern approach to a traditional, well-respected business.

“Simon is a consummate professional and we are so pleased that he will continue to also be a much-valued colleague, as he brings a wealth of experience to our team. I am very excited for our future working together to provide the best possible service to our clients.”

Simon Musto said:

“This business has been established for 80 years and I’ve been running it for 40 years. We have a lot of very loyal, longstanding clients. The main focus for me was to sell to a company with the integrity to carry on our amazing history. I’ve known of Bobby for a number of years and the Belvoir brand is a trusted and long-standing one, so I know the business is in good hands. 

“While I’m very sad to see the business sold, I’m very happy that it has gone to Belvoir. I feel like we’ve gone out on top, as the business is doing better than it has ever done. I’m going out on a high and know I’m handing over a good business to Bobby.”

This is the second local acquisition for Belvoir. In March 2018, the company bought out the long-established and highly regarded Yates Estate Agents, in George Street, Corby, which had been a household name in the town for more than 30 years. 

At the time, Belvoir adopted the Yates team into their family. The workforce were, and continue to be, highly valuable, with over 50 years combined experience in both sales and lettings. All members of staff stayed with the company during the acquisition process.

Belvoir opened in Kettering back in 2006 and Bobby took over the helm in 2014.

For more information, please visit Belvoir or call 01536 737240