Project Winchester – Chancellors

Chancellors Group Holdings Limited (Chancellors), has been acquired by LRG (previously Leaders Romans Group), in a deal supported by our Corporate Finance team, which marks LRG’s largest acquisition to date.

Chancellors is a leading independent estate agency business operating in 50+ locations across West London, Berkshire, Hampshire, Oxfordshire, Wiltshire, Worcestershire, Herefordshire and Mid Wales, supported by 480 strong team of experts.

A prominent name in the UK property market, Chancellors was founded in 1807 by James Cain. The independently run business has expanded significantly, and offers a comprehensive suite of services, including residential sales, lettings and new homes. With a strong presence across the Home Counties and beyond, Chancellors supports a wide range of clients, from first-time buyers and experienced investors to landlords and tenants.

Our Corporate Finance team, led by Partner Bilal Hasan and supported by Senior Manager Nick Wright was appointed by the shareholders to advise on its sale based on the team’s strong sector credentials. Our team conducted a full sales process including leading discussions with potential buyers, managing negotiations, and guiding all stakeholders through the process to completion.

Chancellor’s acquisition significantly expands LRG’s reach in existing and new markets, fuelling its ongoing growth strategy. Notably, this acquisition establishes LRG’s presence in Mid Wales, Herefordshire, South Oxfordshire, and the Cotswolds, regions where it previously had no representation. The Chancellors brand will be retained due to its strong local heritage and Robert Scott-Lee, Managing Director at Chancellors, will continue as a consultant during the transition, ensuring a smooth handover.