Published in Estates Gazette, Costar and React News on 09 December
Published in Building on 15 December
Rapleys has today announced that it has welcomed London surveying firm Aston Rose into its business. The property consultancy has been on a strategic growth drive in recent months having onboarded planning practice CSJ in October and rebranding and repositioning the business in November.
Aston Rose is a well-respected property advisory firm with a core focus on commercial surveying and building consultancy, two of Rapleys’ four core business divisions. The company will retain its brand but become ‘Aston Rose, part of Rapleys’. All of Aston Rose’s people will move to Rapleys’ London office at St James’s Street in January 2023.
The business will report to Rapleys’ Managing Partner Justin Tuckwell and Senior Partner Robert Clarke, but otherwise day-to-day structure and client teams will remain the same.
Robert Clarke, Senior Partner at Rapleys, said: “This is the largest single expansion by Rapleys in our 72-year history and comes shortly after we brought planning practice CSJ into the partnership and rebranded and relaunched to the market. In a fast-changing world, we know that having the best people working together is key to both the success of our clients and to our own business. We will continue to look at strategic opportunities to grow in the future and we look forward to a very bright future.”
Justin Tuckwell, Managing Partner at Rapleys, said: “Bringing in Aston Rose to the Rapleys business is in line with our strategic growth plan to offer our clients best-in-class advice, and our commitment to invest in people, infrastructure and rewards. We share similar values, and our two companies are well-positioned to work together to offer clients genuine added value advice. Aston Rose is an incredibly well-respected firm with expertise across landlord asset management, advisory & building consultancy in particular. Their addition provides even greater strength and depth to our existing team of experts servicing landlords, and further increases our market-leading retail & leisure industry offer. We are delighted to have Aston Rose on board and look forward to welcoming our new colleagues into our London office in the new year. Here’s to an exciting 2023.”
John Williams, Director at Aston Rose, part of Rapleys, said: “This move is in line with our mission to continue to grow and offer our clients best-in-class and added value advice. By joining the Rapleys business, we benefit from their strategic growth plan and committed investment into people and infrastructure while our clients can access wider services from Rapleys’ broader value proposition, their wide range of industries, and regional presence across the UK. We share the same people-first, collaborative culture and mission to deliver exceptional client service. We are excited to be working together and look forward to further growth and opportunities as a combined business going forward.”
In addition to its four divisions, Rapleys offers services across 12 core industries – Automotive & Roadside, Care & Retirement, Charities Not for Profit, Education, Health & Animal Welfare, Industrial & Logistics, Life Sciences, Local Authority, Offices, Residential, Retail & Leisure, and Transport & Infrastructure – and seven regional offices in Birmingham, Bristol, Cambridge, Edinburgh, Huntingdon and Manchester and London.
Financial details of the deal are undisclosed. Rapleys was advised Mazars LLP on corporate financing and Hill Dickinson LLP on the legal aspects of the transaction.