Countrywide

Countrywide
For the former United States sub-prime mortgage loan company, see Countrywide Financial
Countrywide Ltd
Type Private
Industry Estate agents
Founded 1986
Headquarters London
Key people Grenville Turner, (Group Chief Executive Officer)
Employees 10,000+ (2010)
Subsidiaries Bairstow Eves, Sotheby's Reality,
Website Countrywide.co.uk

Countrywide Ltd are the United Kingdom's largest estate agency group.[1] It employs 10,000 personnel nationwide, working across 1,300 estate agency or lettings offices operating under 46 local high street brands, supplemented by 650 mortgage consultants and over 350 surveyors. Countrywide is listed in the Top Track 100.

Contents

History

In 1986, financial services company Hambros plc (de-merged itself from Hambros Bank), acquired two estate agents, Bairstow Eves and Mann & Co, to form a new company called Hambro Countrywide plc, which was listed on the London Stock Exchange. In 1988, the company created Hambro Assured, then the UK's largest life insurance broker.

The group then grew through acquisition, buying:

  • 1994 - Nationwide estate agents and surveyors from Nationwide Building Society
  • 1995 - Spencers from National and Provincial Building Society
  • 1997 - London firms Faron Sutaria, PKL and John D Wood & Co.

In 1998, Hambros plc de-merged the newly created Countrywide Assured plc. After creating a franchise opportunity under the Bairstow Eves brand, the group then restarted its acquisition trail:

  • 2002 - acquired Friends Provident estate agents and surveyors, in return for long term license to resell Friends Provident financial products. De-merges Countrywide Assured in May 2004, as the newly and separately listed Chesnara plc
  • 2004 - acquired Freeman Foreman group. Then acquired estate agency business of Bradford and Bingley Building Society

In 2007, the company was 100% acquired by Apollo Management for a sum over £1Bn,[2] and de-listed from the London Stock Exchange. Following debt restructuring, the owners now include Apollo Management, Oaktree Capital Management, and Alchemy Partners.[3]

Brands

  • Abbots
  • Accord Lets
  • Alan de Maid
  • Andrew Reeves
  • Andrews Butler
  • Ashton Burkinshaw
  • Austin & Wyatt
  • Bairstow Eves
  • Beresford Adams
  • Bridgfords
  • Buckell & Ballard
  • Carsons
  • Chappell & Matthews
  • Countrywide
  • Dixons
  • Entwhistle Green
  • Faron Sutaria
  • Frank Innes
  • Freeman Foreman
  • Fulfords
  • Gascoigne-Pees
  • Gerring & Colyer
  • Hamptons International
  • Hetheringtons Countrywide
  • John D Wood & Co.
  • King & Chasemore
  • Locke & England
  • Mann Countrywide
  • Miller Countrywide
  • Morris Dibben
  • Palmer Snell
  • PKL
  • R.A. Bennett & Partners
  • Rentons Countrywide
  • Slater Hogg & Howinson
  • SLM
  • Sotheby's Realty
  • Spencers
  • Stratton Creber
  • Taylors
  • Watson Bull Porter
  • Wilson Peacock

References

External links


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  • countrywide — adj. extending throughout a country or nation as a whole; as, a countrywide fund raising campaign. Syn: nationwide. [WordNet 1.5] …   The Collaborative International Dictionary of English

  • countrywide — [kun′trē wīd΄, kun′trēwīd′] adj., adv. by or throughout the whole land or nation …   English World dictionary

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  • countrywide — /kun tree wuyd /, adj. extending across or throughout the whole country; nationwide: a countrywide reaction; a countrywide highway system. Also, country wide. [1920 25; COUNTRY + WIDE] * * * …   Universalium

  • countrywide — coun|try|wide [ kʌntri,waıd ] adjective, adverb in all parts of a country: NATIONWIDE: a project that has since been copied countrywide a countrywide search for the girls …   Usage of the words and phrases in modern English

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  • countrywide — coun|try|wide [ˈkʌntriwaıd] adj happening or existing in all parts of a country = ↑nationwide >countrywide adv …   Dictionary of contemporary English

  • countrywide — adjective /ˈkʌntriwaɪd/ (say kuntreewuyd) 1. across the country; widespread. –adverb /kʌntriˈwaɪd/ (say kuntree wuyd) 2. throughout the country: to travel countrywide …  

  • countrywide — adjective occurring or extending throughout a country or nation the event aroused nationwide interest a countrywide fund raising campaign • Syn: ↑nationwide • Similar to: ↑comprehensive …   Useful english dictionary

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