This acquisition sees experts Sam Paulo and Marcus DiRollo, the founders of Coulters Lettings, join Gilson Gray along with their entire staff.

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.

“Joining such an upwardly mobile team will allow us to offer the very best of service and gain greater market share across Scotland.”

Marcus DiRollo added: “This move allows us to develop significantly our letting operation and footprint of operations, while affording our clients access to the impressive breadth of Gilson Gray’s award winning services.”

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.”

Glen Gilson, managing partner of Gilson Gray and Chairman of the Group, 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.”