Lambert Smith Hampton acquires pair of property consultancies
Lambert Smith Hampton (LSH) has acquired two regional property consultancies as it looks to expand its footprint.
The commercial property consultancy and agency has acquired South East England-based Stiles Harold Williams (SHW) and Scotland-based Ryden.
LSH said the acquisitions come as part of its mission to become the UK’s leading commercial propery advisory firm.
SHW will continue to operate as a partnership under its name across its ten offices across the South East of England, including in Brighton, Eastbourne, Fleet, Worthing, Crawley, Leatherhead, Kingston, Bromley, Croydon, and London’s West End.
LSH said that SHW’s services, which include agency, transactions, architecture, planning, and building consultancy perfectly complements its network of 30 offices and 15 service lines.
Ezra Nahome, chief executive of Lambert Smith Hampton, said: “We are delighted to have had the opportunity of investing in SHW. We see significant opportunity to drive revenue and grow profits. SHW are a great firm with a winning culture. This investment endorses our commitment to the growth in regions in the UK.”
Russell Markham, managing partner of SHW, added: “This collaboration marks a significant step forward, enabling SHW to accelerate corporate growth and help to achieve our key business expansion objectives. Through this partnership, we look forward to further enhancing our service offering to clients whilst expanding our reach across the South and within the property industry.
“In particular, the investment will also allow us to expand into Kent and Essex to widen our client services and reach.”
Ryden meanwhile has over 120 professionals across Edinburgh, Glasgow, Aberdeen and parts of northern England.
Ezra Nahome added: “Ryden’s reputation in Scotland is second-to-none, which is why this partnership makes so much sense as LSH seeks to grow to become the UK’s leading commercial advisory firm. Both businesses pride ourselves on our client focus, commercial insight, and commitment to delivering results through strong local relationships.
Alan Gilkison, managing partner of Ryden, said: “The businesses are an excellent fit in terms of geographical coverage and areas of expertise. The investment will allow us to develop our core strengths and expand into emerging sectors. There is a common desire to deliver growth, achieve key expansion targets and extend client services, while retaining Ryden’s strong reputation in Scotland. It also represents an excellent opportunity for our English business to grow more rapidly as part of a larger, established brand in the north of England and to work collaboratively across the regions.”