The Property Franchise (GB:TPFG) has released an update.
The Property Franchise Group PLC, the UK’s largest property franchisor, has expanded its network with the acquisition of GPEA Limited, which includes The Guild of Property Professionals and Fine & Country, for £20 million. This strategic move adds 1,036 outlets to the group, with 65 international locations, and is expected to enhance earnings immediately due to the Acquisition’s strong financial performance, including £13.2 million in revenue and £3.5 million in EBITDA for 2023. The purchase aligns with TPFG’s growth strategy, broadens its services including printed marketing materials, and introduces international coverage to its portfolio.
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