The Leaders Romans Group (LRG) has completed the acquisition of chartered surveyors Dunlop Heywood.
With a specialist rating team, Dunlop Heywood advises a wide range of clients in various business sectors (including aviation, docks and harbours, energy and renewables, retail and leisure) on business rates liability.
The company was established by founding partner Stuart Hicks in 2008, however the origins of the business can be traced back to 1832.
Peter Kavanagh, CEO at LRG, said: “This is a fantastic acquisition for LRG, which will further enhance the range of expert property services we can offer our clients.
“Dunlop Heywood has a very well established market reputation for providing expert rating advice, and I am confident that by working with Stuart and his team, we will be able to grow the business in the coming years.”
Hicks and the senior team at Dunlop Heywood will remain with the business, which will continue to trade as Dunlop Heywood.
Matthew Light, Group mergers and acquisitions director at LRG, said of the acquisition: “I am delighted that we have added Dunlop Heywood to the Leaders Romans Group, and that Stuart has remained as director and shareholder.
“Stuart and his team bring a wealth of expertise and knowledge which we are keen to support and help to grow the business further in the coming years.
“Though our priority for acquisitions remains focused on residential lettings and sales estate agency and block management, we are keen to explore other areas of the property sector which we believe would add significant value to the Group.”
The senior teams at LRG and Dunlop Heywood are now working on an investment and development plan, which will ensure that Dunlop Heywood maintains its position as the leading business rates consultancy in the UK.
Stuart Hicks commented: “I am delighted that we are joining LRG and look forward to expanding the business through our clear focus on the delivery of expert advice to our clients and the development of our excellent team.”