London-based Regent Letting secures £3.5m investment to fund buy-out and growth
Regent Letting and Property Management Ltd has secured a £3.5m investment from specialist finance provider Growth Lending. The funding will enable the management buy-out of historic minority shareholders, as well as capital to support future expansion as the company strengthens its position in London’s competitive premium lettings market.
Regent manages London residential properties on behalf of international landlords, with clients concentrated across China, Hong Kong and Singapore. The business has grown by offering a full-service approach that removes the operational challenges of managing UK assets from overseas, supported by a 70-strong team based at Broadwall House in central London.
The ownership change sets the business up for renewed growth, consolidating control and creating a clearer structure as demand for premium London rentals from overseas investors continues to rise.
The deal is an excellent representation of the benefits to the SME lending market of a collaborative approach, with K3 Advantage providing the financial and tax due diligence, led by Jack Kerkham, and Fieldfisher providing legal support. Growth Lending then worked closely with Regent to structure a facility that reflected the complexity of the transaction and the long-term needs of the business.
Alex Smith, Managing Director at Regent Letting, said: “Partnering with Growth Lending and being supported by K3 Advantage has been outstanding. Huge thanks to Chris Mears together with Rob Adams and Ashleigh Denny for their proactive support in enabling our MBO and getting it over the line, together with the team at K3A. This unlocks real momentum for Regent’s next chapter.”
Chris Mears, Regional Head at Growth Lending, said: “It has been an absolute pleasure working with the Regent team. This transaction will release the business from a restrictive shareholding structure and establish a platform for further growth. We have been hugely impressed with the team’s energy, client focus and deep market knowledge and look forward to supporting the journey ahead.”
Regent Letting also marks the first property letting and management client for K3 Advantage, further diversifying the advisory firm’s sector expertise. Following the successful execution of this deal, K3 Advantage has been appointed to Growth Lending’s panel of due diligence providers, enabling both firms to continue working together to support high growth UK businesses.
Sam Phillips, Managing Director at K3 Advantage, added: “I am delighted that K3 Advantage has worked alongside Growth Lending and Regent. This transaction enhances Regent as a leading player in premium residential lettings and shows how strategic deals drive growth. We are proud to have provided insights that enabled Regent Group to move forward confidently and look forward to working with Growth Lending as part of their due diligence panel.”
The completion of the buyout positions Regent for further expansion, supported by a simplified ownership structure, specialist advisers and an experienced funding partner committed to long-term development.
