Deal will ‘springboard’ firm to a new level in the trade
Scottish chartered surveying firm Graham & Sibbald is looking to build its presence in the Scottish on-trade after the acquisition of independent commercial property firm Seymour & Co.
Previously based in Stirling, Seymour & Co has now moved to Graham & Sibbald’s recently relocated Glasgow office.
The deal has seen Seymour & Co’s managing director, Peter Seymour, heading up a new licensed trade and leisure department at Graham & Sibbald.
He told SLTN that the acquisition means he now has access to “infinitely more resources” than before. And he reckons the merger will give clients “a much better level of service because the bureaucracy of running a business is dealt with by other teams and other departments”.
Combining Seymour & Co’s licensed trade expertise with Graham & Sibbald’s valuation team, Seymour said the deal will allow him to be “focused very much on the day-to-day selling of [a client’s] business and their property or whatever it is that we’re instructed to do”.
Seymour stated that he aims to help grow Graham & Sibbald’s presence on the licensed trade map.
Admitting that it was a “really tough choice” to relinquish Seymour & Co as an independent firm, Seymour said ultimately the merger is an ideal fit as both companies share similar attitudes and goals.
“It feels very much like a natural fit and I hope that being with a bigger firm, it’ll [put] me out to a wider network of contacts and a wider range of instructions as well,” he said.
Calum Campbell, partner at Graham & Sibbald’s Glasgow office, said the firm hopes the merger “will springboard our licensed trade department on to new levels”.
