The deal marks the fifth acquisition for the Manchester and Cheshire estate agency in the past year – the company already having purchased Pad Residential, Allison & Co, Mint Properties and Carr & Hume.
The latest purchase also marks the Altrincham-based agency’s 30th anniversary. Thornley Groves is part of the national Lomond Group, which also includes Linley & Simpson, Brand Vaughan, John Shepherd, Stonehouse and Braemore.
With the Tiger Property Partners purchase, Thornley Groves will be extending out to selling homes in South Manchester with a new branch location in Didsbury Village.
Thornley Groves has seven offices in the North West and has been building its brand steadily.
Each company purchase so far has increased Thornley Groves’ sales footprint. Manchester city centre-focused Pad Residential was the first to be bought, purchased in October 2020. The Salford and Swinton-centric Allison & Co was next, taken over in November that year.
Thornley Groves purchased Mint Properties in April 2021, growing the brand’s presence in Manchester city centre. In May this year, Thornley Groves further expanded its Swinton outreach by buying Carr & Hume.
Thornley Groves has more than 100 staff members. In 2020, it sold £108m of property and let more than 1,700 properties. The company manages more than 3,200 houses and apartments as well.