Andrew Forbes Surveyors acquired by Begbies Traynor Group for £1 million
National property consultancy Eddisons - a division of Begbies Traynor Group - has acquired Bristol-based Andrew Forbes Surveyors in a £1 million deal.
Established in 1995, and with offices in Bristol, Bath, Swindon, Cheltenham and Oxford, Andrew Forbes Surveyors provides commercial valuation and building consultancy services across the South West and is headed by managing director David Chichester.
Andrew Forbes Surveyors’ team of 18 employees will now integrate with Leeds-headquartered Eddisons, which has a network of 25 offices across the UK.
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The acquisition sees Eddisons expand its national valuations team to more than 100.
Eddisons managing director Anthony Spencer said: “Andrew Forbes Surveyors has an excellent regional reputation and I am really pleased to welcome their team to Eddisons.
"The acquisition complements our existing strength in valuations and I look forward to working with David and the team to seek opportunities for further growth.”
The acquisition of Andrew Forbes Surveyors is the third of the year for Eddisons following its purchase of Sheffield-based auctioneer Mark Jenkinson and Lincoln property consultancy Banks Long & Co.
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Eddisons now employs over 400 people and is one of the UK’s fastest-growing property consultancies.
Commenting on the acquisition, Andrew Forbes Surveyors managing director David Chichester said: “Through our talented team of people, Andrew Forbes Surveyors has developed a market-leading reputation for delivering quality property advice across the South West
“We are excited to be joining the Eddisons team as there is a natural overlap with the services we offer and an opportunity to work with like-minded individuals. This strengthens our proposition to clients and I look forward to developing the opportunities the deal presents.”
