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Agents announce major acquisitions

first_imgHome » News » Agencies & People » Agents announce major acquisitions previous nextAgencies & PeopleAgents announce major acquisitions23rd January 201501,382 Views Carter Jonas has announced that it has agreed a deal to buy the New Square Holdings Group comprising two Cambridge based property companies, while Brown and Merry, which is part of the Sequence UK network, has acquired Berkhamsted and Chesham based independent estate agent, Adrian Cole & Partners.Carter Jonas’ acquisition of Januarys, the commercial and planning consultants, and residential sales and lettings agency, Bradshaws, will be effective from 30 January 2015, and will increase Carter Jonas’ team of property specialists based in Cambridge to 80.Over the coming months, the various business streams of the two firms will combine to produce a multi-disciplinary property consultancy, covering the eastern region with offices in: Cambridge, Bury St. Edmunds, Peterborough, Long Melford and Northampton.Mark Granger (left), Chief Executive, Carter Jonas, commented: “The acquisition of Januarys and Bradshaws continues the growth of our presence in the eastern region that has included other purchases in the last few years, namely Jeffersons Commercial, and the rural business, HW Dean. It is very much in line with our national strategy.”This latest deal follows a series of recent acquisitions by Carter Jonas including Sullivan Thomas, the residential business based in Fulham, Parsons Green and Wandsworth; the commercial investment agency, Whittingham Prosser; Barnes based residential agency Boileaus; and London based planning consultancy, Planning Perspectives.Elsewhere, Adrian Cole & Partners takeover of Brown and Merry signals the national agent’s intent to grow and acquire businesses that are well identified to local house buyers and sellers, whilst also continuing to bring further depth to Sequence UK’s network of branches across the UK, according to Area Director Jonathan Weedon, who has played a large part in overseeing the transition of both the Berkhamsted and Chesham offices.“The incorporation of Adrian Cole & Partners is a terrific acquisition for the company,” he said. “The addition of both offices to our Brown & Merry network strengthens our position in Buckinghamshire and Hertfordshire and grants us access to further buyers, sellers, tenants and buy-to-let investors in and around Berkhamsted and Chesham.”Adrian Cole, founder of Adrian Cole & Partners, will continue to work for the company as an exclusive Consultant using his extensive local knowledge concentrating on land &new homes acquisitions and disposals whilst still being available to assist existing clients and customers. All other staff of Adrian Cole & Partners will transfer to Brown & Merry.Meanwhile, Cowan & Rutter, based in west London, last week rebranded its residential property services arm, Century 21 Cowan & Rutter, as it became part of the Century 21 UK network.Century 21 Cowan & Rutter, which is active in the residential market covering areas within Fulham SW6 and Chelsea, SW10, will offer a range of sales, lettings and property management services.Jonathan Cowan, Director of Century 21 Cowan & Rutter, said: “We recognise the highly competitive nature of the estate agency market. Our relationship with CENTURY 21 UK allows us to significantly increase our range of applicants and enhance the services we offer within our areas of operation.”acquisitions Brown and Merry Carter Jonas January 23, 2015The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles 40% of tenants planning a move now that Covid has eased says Nationwide3rd May 2021 Letting agent fined £11,500 over unlicensed rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021last_img read more