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Home Business Lomond completes acquisition of Clyde Property Group

Lomond completes acquisition of Clyde Property Group

David Alexander
David Alexander

LOMOND has announced the acquisition of Clyde Property Group, which includes Burgh Property and Cathedral Estates. 

Co-founded in 1987 by Gary Thomson, who continues to lead the business to this day, Clyde is said to have built a reputation for combining ‘exceptional’ local knowledge with the latest digital marketing techniques. 

From a single branch in Bearsden, Gary and Bill Cullens drew on their experience to fill a gap in the resale market, where standard new homes practices such as weekend opening, detailed listings with floor plans and professional photography had not yet become the norm.

The acquisition marks a milestone in Lomond’s growth strategy, expanding its Scottish footprint with another brand to strengthen and increase the group’s presence in the country, alongside DJ Alexander. Going forward, Clyde Property will oversee operations in the west of Scotland, while DJ Alexander will manage operations across the remainder of the portfolio.

Gary Thomson, co-founder and MD of Clyde, said, “Clyde was founded on principles that remain at the heart of our business 39 years later – trust, a forward-thinking mindset and putting people first. When considering a partner for the next stage of Clyde’s journey, alignment in values was paramount, and Lomond was the standout choice. This partnership will enable us to thrive, while preserving what makes us Clyde.”

David Alexander, chief revenue officer at Lomond, added, “Clyde’s passion for pioneering service and building knowledgeable local teams perfectly aligns with Lomond’s core values. I’ve long admired Clyde, and this partnership offers an exciting opportunity to expand our presence across Scotland. I’m delighted to welcome Clyde’s talented team and valued clients and I am excited to work alongside Gary.”