HARRIS LAMB ANNOUNCES INTENTION TO STRENGTHEN BUSINESS THROUGH FURTHER ACQUSITION
Harris Lamb has announced plans to acquire further complementary businesses to grow the property consultancy and its services after its purchase of Worcestershire planning specialists Malcolm Scott Consultants.
Andrew Lamb said that the Directors of the agency were looking for more opportunities and open to discussions with other businesses with the potential to add value to and strengthen Harris Lamb’s position following the success of last month’s purchase of MSC.
He said that the acquisition plan was a natural transition from the business’ sustained organic growth over the past three years.
“Ever since the UK started to emerge from the recession we have strengthened our business through recruitment to ensure we add to our client portfolio and service offering, and over the past three years that has seen us identify niches in our service offering that can be filled.
“That has seen us launch a successful retail division, a recoveries and receivership offering, and most recently, our affordable and residential housing department.
“At the beginning of the year we made the decision to grow our business through acquisition, the first of which completed last month, and we’re looking to replicate that success with further additions to our service offering. We’re not talking about mergers; we’re talking about identifying small, complementary businesses that we can bring into the Harris Lamb fold and strengthen our services further.
“We’re open to discussions with companies keen to sit with a strong, independent, multi-disciplinary regional business, and we believe that there is a huge amount of potential our there with smaller companies that we can encompass into the business very effectively,” he added.
Andrew said that Harris Lamb, which will celebrate 25 years in business next year, held a lot of appeal to organisations.
“There is a lot that we can offer smaller businesses whose owners are looking for effective exit strategies. We’re an established, national business with the most successful commercial agency team in the West Midlands, consistently out-performing our competitors year-on-year.
“Our Investors In People report late last year demonstrated clearly how much we care about looking after our staff and their progression; the opportunities we offer them to develop their skills and careers.
“That’s an attractive proposition to business owners wanting to see the company they’ve built up become part of a multi-service private practice,” he added.