Tue, 05 Nov 2024 | BUSINESS SALE
Exeter-based commercial property management firm Haarer Goss has been bought by Bruton Knowles an independent national chartered surveyor firm looking to grow in the South West.
Haarer Goss, founded in 1961, delivers commercial property management services to clients. These include commercial property agency, property management, property investments, rent reviews, lease renewals and marketing valuations.
With the acquisition Bruton Knowles said it will ‘integrate its broader range of national expertise in valuation and building surveying, enhancing the scope of services offered to Haarer Goss' clients while opening up new business opportunities across the South West’.
It forms part of Bruton Knowles' ongoing strategy to extend its reach across the UK, particularly in sectors like utilities, infrastructure and, in this case, commercial property management.
The timing could be advantageous. Despite economic uncertainty commercial property values increased for the second consecutive month in June 2024, according to the latest CBRE UK Monthly Index.
Ian Biddlestone, director and owner of Haarer Goss, who will take on a salaried role at Bruton Knowles, said: “After 30 years of running Haarer Goss, I’m excited about the new opportunities this acquisition brings. Partnering with Bruton Knowles allows us to offer a wider range of services to our clients, from valuations to building surveys. It also provides a solid platform for future growth in the South West, benefiting both our team and clients. We share a common vision with Bruton Knowles to provide personal, expert service while expanding the scope of what we can offer."
James Bailey, managing partner of Bruton Knowles said the deal was an important milestone for the group. “It aligns perfectly with our long-term strategy of expanding into key regional markets. Haarer Goss has an excellent reputation in the South West, and by combining their local knowledge with our national resources, we are confident we can build on this success. This move not only strengthens our commercial property management services but also gives us a solid base to further grow our client base in the region."
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This well-established East Midlands firm boasts over £90m in funds under management, offering a solid foundation and potential for growth.
This is an exclusive opportunity to acquire a South Wales IFA business with substantial assets under management, offering a stable, recurring income stream.
This is a rare chance to acquire a well-established, chartered financial planning firm with £380 million funds under management, offering a robust client base and a strong reputation in the industry.
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