A firm of chartered surveyors operating across South Yorkshire has been acquired by national professional services outfit Begbies Traynor Group.
Begbies will pay £400,000 for Mark Jenkinson & Son which specialises in auctioneering, making it part of its Eddisons property business. The move marks an expansion of Eddisons' operations in Sheffield, where the firm is based.
It follows Eddisons' October 2021 acquisition of another Sheffield surveying firm, Fernie Greaves, which bolstered its offering of agency, valuation, property management, lease advisory and building consultancy. In an update to investors, Begbies said the Mark Jenkinson business generates annual fee income of about £1m - all of which will be integrated into the Eddisons' team.