Dexters has acquired Keatons, an estate agency with seven offices in East London, adding over 2,500 properties to its management and welcoming 90 new colleagues to its team of 2,500.
Keatons is a significant player in areas like Bow, Deptford, and Hackney, offering services in sales, lettings, new homes, and property management.
Dexters has also expanded by acquiring James Alexander in Norbury and opening new offices in Surbiton and Canada Water, increasing its network of London offices by 10 within a month.
Andy Shepherd, CEO of Dexters, said: “We are pleased to welcome Keatons to the Dexters group.
“We are privileged to have been chosen as the partners to deliver the next phase of growth for the business.
“Keatons’ deep local market knowledge, strong high street presence, and commitment to outstanding customer service aligns perfectly with our core values.
“We look forward to working closely with the Keatons team as we continue our growth journey.”
Kye Wheatley, founding partner at Keatons, said: “We are delighted that Keatons is now part of Dexters, London’s leading independent estate agency.
“We chose Dexters as they share our passion for providing first-class service and local expertise.
“Keatons will now benefit from access to Dexters’ unrivalled experience in helping teams deliver a brilliant customer service and from its significant financial strength.”
Wheatley added: “We are delighted that this transaction has been completed in less than four weeks from agreeing terms.
“We have been very impressed by the speed and efficiency of the Dexters in-house acquisition and legal team as the transaction completed with no surprises.”