South East: Spectrum Corporate Finance advises on sale of Campsie

Acting as the lead adviser, Spectrum Corporate Finance has successfully completed the sale of Campsie Estate Agency to South East property services company Romans Group.

Operating since 1971, Campsie is an established and leading provider of integrated property services in the South East. Providing both residential and commercial sales and lettings as well as professional services such as surveying and conveyancing, the business operates from three prime locations on the London commuter belt – Windsor, Staines and West Drayton.

The business was acquired in 2005 by Orchard and Shipman Group (O&S), a leading provider of public sector housing in the UK. Spectrum acted as the lead advisers to the O&S on the sale of Campsie to Romans Group.

Award winning property services company Romans was established in 1987 and operates out of 25 sales and letting branches across Berkshire, Buckinghamshire, Hampshire, Middlesex, Oxfordshire and Surrey.

Shane Spiers, Chief Executive of Orchard & Shipman Group, commented: “The team at Spectrum Corporate Finance provided us with clear, professional advice throughout the transaction. They ran a competitive process, which resulted in several offers, and maintained close control through to completion. We are delighted with the outcome and believe that Romans are the perfect owner for the Campsie business which will benefit both its employees and customers."

Clive Hatchard, managing director of Spectrum, commented: “We were delighted to be appointed lead advisers to the shareholders of O&S on the disposal of this non-core business and believe that the acquisition will not only be a good fit for Romans but provide excellent opportunities for the Campsie staff."