An property company group backed by the personal fairness arm of Lloyds Banking Group is being put up on the market within the newest signal of company exercise within the sector.
Sky Information understands that LDC has employed bankers from Clearwater Worldwide to supervise a sale of Lomond Group.
A course of is predicted to kick off within the coming months, and may worth Lomond at nicely over £100m, based on business sources.
Lomond Group was created from the merger of Lomond Capital and Linley & Simpson in 2021, a deal which established a enterprise with 22,000 properties underneath administration.
The corporate has a very distinguished presence in cities resembling Aberdeen, Birmingham and Leeds.
It trades underneath manufacturers resembling Thornley Groves, Braemore and John Shepherd.
The possible public sale comes as hypothesis grows a couple of potential bid for Foxtons, the London-listed property agent.
Foxtons was lately reported to have added bankers at Rothschild as monetary advisers in anticipation of a bid.
Numerous different chains are additionally anticipated to alter fingers within the coming months.
A spokesman for LDC declined to remark.
