William Raveis expanding reach into New London County
William Raveis Real Estate is expanding its reach along the shoreline with a recent acquisition in New London County.

The Shelton-based company announced that it closed its deal to acquire Niantic-based Heritage Properties, in a private transaction. Willam Raveis co-president Ryan Raveis said the companies have been in touch for several years prior to closing their deal. He declined to comment on financial details.

"We recognized that the cultures of the two companies matched very well," he said.

For the last 44 years, William Raveis was has become one of Connecticut's best-known real estate agencies with more than 4,000 workers in 130 offices across nine states. The family-owned company recorded $10.2 billion in real estate sales last year.

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