LONDON, UK: Eddisons, the property advisory and transactional services division of Begbies Traynor Group, announced the expansion of its operations in Sheffield through the acquisition of Mark Jenkinson & Son, a firm of chartered surveyors with a focus on property auctions.
The acquisition will expand our existing Sheffield team, following the October 2021 acquisition of Fernie Greaves, whilst integrating with and expanding our property auction business.
The group will pay a total cash consideration of £0.4m, payable from its existing financial resources. The Mark Jenkinson & Son business generates annual fee income of c£1m and will be integrated into the Eddisons’ team.
Anthony Spencer, Managing Partner of Eddisons, commented: “The acquisition of the Mark Jenkinson & Son business will enhance our existing property auction team and grow our successful team in Sheffield and South Yorkshire. I am very pleased to welcome the team to Eddisons and to the wider Begbies Traynor Group.”