Harris Lamb has acquired the rating team from Humberts in Nottingham, as it continues with the expansion strategy for its Midlands-based business.
The deal concluded on Friday and will see the Humberts rating office-based on Nottingham’s Regent Street rebranded as Harris Lamb.
Harris Lamb has offices in Birmingham, Worcester and Stoke-on-Trent, has now extended its reach into the East Midlands with this acquisition of Humberts rating team.
Neil Harris, director at Harris Lamb, said: “At the beginning of 2016 we said that this would be a huge year for us as we looked to grow our business through acquisition for the first time.
“In May, we completed our first, with the purchase of Worcester-based planning specialists Malcolm Scott Consultants, and we are delighted to secure a firmer foothold within the East Midlands with this deal.”
The acquisition strengthens Harris Lamb’s existing rating team prior to the rating revaluation coming into force early next year.
Ian Westerling, Humberts’ managing director, added: “Following a strategic review of our East Midlands operation, we decided that it was in the best interest of our staff and clients that we look to dispose of our rating business in the Nottingham area. The agreement with Harris Lamb suited both parties. This strategic decision has no impact on our residential business in the region, or our commercial rating business in the south.”
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