Consultancy completes £1.8m property agency acquisition
National property consultancy Eddisons has acquired commercial property firm Budworth Hardcastle in a £1.8m deal which significantly strengthens Eddisons’ presence in the region.
The 18-strong firm operates from offices in Peterborough, Kettering and Northampton.
Budworth Hardcastle will integrate its team with Leeds-headquartered Eddisons, which has a network of 25 UK offices.
The acquisition builds on Eddisons existing strength in the Eastern region where it already has offices in Cambridge, Huntingdon, Bury St Edmunds and Peterborough. The combined team will be led by Eddisons director Steve Hawkins and provide a full range of property services.
Eddisons managing director Anthony Spencer said: “I am very pleased to welcome the Budworth Hardcastle team, which extends our footprint in Eastern England. They are a highly experienced team with a proven track record in delivering high quality professional advice.
“We continue to seek further opportunities for expansion across the UK.”
The addition of Budworth Hardcastle to Eddisons’ operation follows its acquisition of South Coast-based firm Daniells Harrisons earlier this year and East of England commercial property agency Barker Storey Mathews in 2019. Eddisons now employs over 360 people.
Budworth Hardcastle director Mark Budworth said: “We have built up an unrivalled presence in the region through the passion of our talented team of people. We are excited to be joining Eddisons, and realising the opportunities that this deal presents.”