Landmark merger creates £60m property consultancy | Midlands Deals News
Two property consultancies have merged to create a multi-disciplinary group operating from 29 offices with a turnover approaching £60m.
Fisher German and Matthews & Goodman have joined forces, combining their 750 employees into a single business which will trade under the Fisher German brand.
Leicestershire-headquartered Fisher German covers the full property spectrum, including commercial, rural, development, residential, sustainable energy, and infrastructure.
It has about 650 colleagues working across 25 UK-based offices from Glasgow to Exeter.
Andrew Bridge, managing partner at Fisher German, said: “What we share with Matthews & Goodman is a long history dating back to the mid-19th century, a collaborative approach to working with our colleagues and clients, and a proven track record of winning and retaining some of the UK’s biggest property portfolios.
“Matthews & Goodman not only shares our vision and values, but also brings with it a highly-motivated team of commercial property experts to match our own.
“Together, we can offer unrivalled property advice across urban and rural settings and maximise the return on investment to our clients through the benefit of our multi-disciplinary services.”
Matthews & Goodman, established almost 160 years ago, specialises in acquisition and disposal of property assets, building consultancy, business rates, investment, lease consultancy, property management and valuation.
The company employs approximately 80 people in Birmingham, Liverpool, Leeds, London and Manchester, with a turnover of almost £9m.
James Routledge, head of investment at Matthews & Goodman, added: “This merger is much more than a marriage of cultures, capabilities, client management philosophes and ambitions.
“Together, we will have a far greater client offer – access to more experts, more professional services, in more markets. In addition, the prospects for existing talent in both firms and those who have yet to join us, is enormous.
“Our clients’ access to a creative entrepreneurial culture, underpinned by the breadth of skills, experience and expertise has now been increased quite significantly and, our collective offer is grounded by both companies’ proven heritage.”
Details of the advisers who worked on the deal were not disclosed.