Begbies Traynor Group has bought the Lincoln-based chartered surveyors Banks Long & Co in a deal which could be worth up to £3 million. The national business advisors and restructuring specialist said further acquisitions are also planned.
Banks Long & Co employs 38 staff and provides commercial property agency, property management, building consultancy and valuation services to clients across Lincolnshire and Humberside including public and private sector organisations.
It will integrate with Eddisons, the parent group’s property division, strengthening its regional presence across Eastern England and South Yorkshire.