The Property Franchise (GB:TPFG) has released an update.
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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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