Barker Storey Matthews (BSM) has confirmed that with effect from 05 April 2019 its entire share capital has been acquired by Eddisons, a wholly owned subsidiary of Begbies Traynor plc, to form a national practice of 20 offices offering a UK wide consultancy.

BSM was recently ranked the overall winner for Eastern England in the EG Deals Competition 2018 (‘EG’) for commercial property agents and the acquisition will see the experienced 39-strong team integrate with the current Eddisons team.

Eddisons Partner, Anthony Spencer, said: “I am very pleased to welcome the BSM team into Eddisons; it widens our geographical coverage to twenty offices around the UK and increases the number of clients. This is our fifth Eddisons acquisition since we joined the Group and we continue to seek opportunities for further growth, both organically and by strategic acquisition.”  

Steve Hawkins, Managing Director at BSM, commented: “Through our talented team of people, Barker Storey Matthews has developed a market leading reputation for delivering quality property advice across the Eastern region.

“We are excited to be joining the Eddisons team as there is a natural overlap with the services we offer and an opportunity to work with like minded individuals. This strengthens our proposition to our dedicated client base and we look forward to developing the opportunities the deal presents.  Not only will we be able to offer a greater spread of professional services but we will be able to do so on a UK wide basis.”