Forvis Mazars is delighted to announce its role in the sale of Birmingham based FleetMilne to Foxtons Group plc

FleetMilne is a well-known letting agency located in the heart of Birmingham. We were engaged to assist with the sale of the business, working under tight deadlines, as the buyer required the transaction to be completed by a specific date to meet their public announcement obligations.

To support, we prioritised clear, consistent communication and deployed specialist expertise at the moments it was most needed. By combining the negotiation strengths of both the sellers and our team, we ensured swift, informed, and commercially meaningful outcomes throughout.

We also facilitated seamless collaboration across all teams, maintaining efficient communication so that the sellers were consistently updated on our progress.

With the depth of expertise available across our firm, we were able to deploy the right specialists at each stage of the transaction including tax and SPA advisory. Combined with our proactive mindset and a carefully assembled deal team, we guided the client confidently through the process and successfully to completion.

Nicola Fleet-Milne, who will stay with the business as Managing Director of FleetMilne, commented, “Dave, Akif, Rob and Alex have been fantastic to work with throughout the entire process, and I found their attention to detail and deep knowledge extremely beneficial. They have helped to ensure that the process was smooth and the whole team were available to provide guidance whenever I’ve had any questions. They were invaluable at every step of the journey."

"Nicola and her team have built an impressive reputation in the Birmingham market. The acquisition by Foxtons provides an excellent platform to enter the Midlands market and continue its impressive growth in the real estate and lettings market.  We look forward to seeing the continued success of FleetMilne under Foxtons ownership, and I’m proud of how the collaborative tax, SPA advisory, financial planning and M&A teams at Forvis Mazars supported the shareholders and the business" - Dave Hilton – Head of M&A