Eddisons grows South East presence with regional agency acquisition

Eddisons, the real estate arm of financial services group Begbies Traynor, has expanded its presence in the south east of England with the acquisition of a regional agency.

The group has acquired Kirkby Diamond, which operates offices in Milton Keynes, Bedford, Luton, St Albans, and Enfield, in a deal worth up to £8.25m.

Eddisons said the acquisition extends its footprint to cover the entire M1 corridor and aligns with a strategy to reinforce its service offering and expand the group’s market coverage.

The deal follows Eddison’s recent acquisition of London-based firm Network Auctions, which expanded the group’s auctions capability in the south of England.

Anthony Spencer, managing director of Eddisons, said: “I am delighted to welcome the Kirkby Diamond team to Eddisons. The acquisition significantly strengthens our coverage and expertise, consolidating our market position in key industrial locations.

“Kirkby Diamond are a great fit with Eddisons, culturally and strategically, and I look forward to taking forward the opportunities that the deal presents.”

Luke Tillison, managing director of Kirkby Diamond, added: “Through the quality of our people, Kirkby Diamond has built a reputation for placing our clients’ interests at the forefront of everything we do. We are excited to be joining Eddisons and to have this opportunity to develop our offering on a broader basis with like-minded colleagues.”