A transformational journey for national lettings and estate agency group.

During our initial investment, LDC backed the creation of Lomond, by merging Lomond Capital and existing LDC portfolio company Linley & Simpson.

Since the merger, Lomond has completed an impressive 65 acquisitions, becoming one of the fastest growing estate agency networks in the UK, growing from 600 to 1,900 employees and from 22,000 properties under management to more than 50,000.

The company now operates in key regions and cities across the UK including Birmingham, Brighton, London, Manchester, Nottingham, Portsmouth, Scotland, Southampton, Worthing, and Yorkshire.

Recently recognised in the Sunday Times Best Workplace 2024 awards, Lomond’s growth and success is thanks to its centralised model of providing the best systems and the support of specialist people in its management team, HR, Finance, Marketing and Operations.

In December 2024, LDC exited its initial investment in Lomond, delivering a money multiple return of 3.5x. We reinvested alongside new investor ICG, the founding Chair and management to support Lomond’s continued growth strategy of further consolidation through M&A in its existing markets and provide additional capital to drive expansion into new regions.