Private investment firm Hawthorn Capital has acquired Xenia Property Group as it accelerates the expansion of its U.K. real estate services platform.
Xenia specializes in block management, residential and student lettings. The group comprises Xenia Estates, Xenia Students and Xenia Lettings, managing a portfolio of more than 4,000 units.
It has 65 staff based at its headquarters in Sale, Greater Manchester, and offices in Bradford and Sunderland.
Hawthorn acquired the business for an undisclosed sum.
Hawthorn is focusing on strategy, governance, capital allocation and long-term growth initiatives for Xenia.
Will Bainbridge, founder of Hawthorn Capital, and fellow Hawthorn director Chanil Patel have joined Xenia’s board, while Shaun Herman is working closely with the Xenia team on operational development and integration.
