FirstPort Acquires Mainstay
FirstPort Acquires Mainstay
16 September 2020
 
 
Following the news in June that FirstPort was to join forces with fellow property and asset manager, Mainstay Group, the businesses have today confirmed that this has now been approved by the Financial Conduct Authority and the transaction has completed. 
 
This will see the two businesses now combining to form a strengthened specialist group delivering residential property management, build-to-rent services, consultancy, asset management and facilities management services across the UK.  For their customers and clients, services will continue to be delivered by the same operational teams and both brands will remain in place at the present time. 
 
This transaction represents FirstPort’s third acquisition, following BRAM, formerly Barratt London’s property management company, in 2019 and Pentland Estate Management, Linden Homes’ property management provider, in 2017.
 
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