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We have further expanded our presence across the South East with the acquisition of regional consultancy Kirkby Diamond, strengthening Eddisons’ service offering in agency, property management and land development in a deal worth up to £8.25m.
Kirkby Diamond, a £6.2m turnover business, employs 62 people across its offices in Milton Keynes, Bedford, Luton, St Albans, and Enfield. The acquisition extends our footprint to cover the entire M1 corridor and aligns with our strategy to reinforce the Eddisons service offering and expand our market coverage.
The deal follows our recent acquisition of London firm Network Auctions, which extended and strengthened our auctions capability in the south of England.
Managing Director Anthony Spencer 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, said: “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.”
The acquisition of Kirby Diamond increases our workforce to more than 500 people, making us one of the UK’s fastest-growing property consultancies. Through organic and acquisitive growth across the last five years, we were able to record a revenue of over £46m.
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