Partner Article

South London property management company acquired in £715k deal

A subsidiary of national property management firm, HML Holdings has acquired Managed Living Partnership Limited (“MLP”), a property management business based in Bermondsey SE1.

HML Hawksworth Limited, the subsidiary of HML Holdings plc covering central and east London has purchased the entire share capital of MLP for £715,000.

Founded in 2009, MLP provided block management property services in the central London geographical area. Since its formation MLP has grown rapidly to manage to over 1,500 residential properties in 40 blocks of flats.

Nigel Glen and Richard Kozak, founders of MLP, will continue as consultants to the business. The business and all of its employees will continue to operate from their offices in Bermondsey.

Commenting on the acquisition, Rob Plumb, Chief Executive of HML, said: “We are delighted to welcome the MLP team to the HML group. MLP’s culture and business model offering a high service level to local property owners is entirely compatible with HML’s. Having this additional presence in central London and the Docklands will be a significant advantage for us in the future”

This was posted in Bdaily's Members' News section by Ellen Forster .