AN expanding firm of chartered surveyors, engineers and architects in Portsmouth has made its second acquisition of the year.
Directors of McAndrew Martin announced the deal for Veness Chartered Surveyors at their 25th anniversary party at the top of Spinnaker Tower.
Nearly 200 guests attended McAndrew Martin’s silver celebration at the attraction, including staff, their families, friends, suppliers, clients, business associates and the Lord Mayor of Portsmouth, Steven Wylie.
McAndrew Martin, which has worked on Buckingham Palace and Horseguards Parade in London, joins forces with Cosham-based Veness chartered surveyors after previously taking over the Brunel Design Group in January.
McAndrew Martin’s managing director, Bill McAndrew, said: ‘The acquisition of Veness Chartered Surveyors was the perfect way to celebrate our 25th anniversary.
‘The merger of these two well-established and like-minded companies will create one of the leading independent practices in the Portsmouth area.
‘After a successful quarter of a century in business, it means we can look forward to the next 25 years with even greater confidence.’
McAndrew Martin, which is based at the Fairway Business Centre, has agreed terms for the acquisition of Veness Chartered Surveyors with effect from October 1.
It will be business as usual for both of the firms as the takeover takes effect in the following months.
Veness was founded in 1973 and has clients throughout Hampshire and Sussex.
Founding director Ken Veness said: ‘Veness Chartered Surveyors and McAndrew Martin are a terrific fit.
‘This merger is a milestone in the history of both companies and will allow us to move forward together to an exciting future.’
More than £800 was raised from a raffle for Help for Heroes at the 25th anniversary party at Spinnaker Tower – making a total of £4,300 raised for the charity in 2014.