Property deal

Paulo and DiRollo sell Coulters Lettings to Gilson Gray

Matt Gray, Sam Paulo, Marcus DiRollo, Glen Gilson

New team: Matt Gray, Sam Paulo, Marcus DiRollo, Glen Gilson

Law firm Gilson Gray has bulked up its property business by acquiring Coulters Lettings just a month after residential estate agency and legal firm Coulters ended its six year association with the business.

Sam Paulo and Marcus DiRollo, the founders of Coulters Lettings, together with their entire staff, will join Gilson Gray.

Glen Gilson, managing partner and chairman at Gilson Gray, said: “We identified lettings as a relevant strategic element of a developed property services operation a few years ago yet it took some time to find a suitable high quality target that would provide a strong enough foundation for further expansion in this field.

“We have already agreed terms to take over further lettings operations across Scotland and will make further announcements as these initiatives develop.”

Mr Paulo said: “This exciting merger represents the culmination of significant efforts over the last eight months to establish the best partner for our business and clients. 

Mr DiRollo added: “This move allows us to develop significantly our letting operation and footprint of operations.”

Matthew Gray, managing director of Gilson Gray Property Services said: “Marcus and Sam are well known experts in their field and we are delighted to have them come on board with their talented pool of staff.”

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