News & press

04/04/2012

GL Hearn announces acquisition of Philip Long and Co

GL Hearn has acquired ratings specialist Philip Long and Co. The purchase completed this week.
 
Brian Sloggett, Managing Director of GL Hearn, said: "Our strategy is to focus on market-leading consultancy across key service lines. This acquisition strengthens our business rates offer and will help us provide an improved knowledge base to clients in one of our core areas."
 
Blake Penfold, Head of Business Rates at GL Hearn, added: "As a result of the acquisition Philip Long, Chris Hare and Annah Kontic have joined our business rates team. They bring with them considerable experience in the large space retail market and we look forward to working with them to further enhance our skills in this area."
 
Commenting on the move, Philip Long said: "Joining forces will enable us to offer clients a more comprehensive property service whilst still retaining the personal approach that has always been the hallmark of Philip Long and Co and which is very much in-keeping with the ethos at GL Hearn."
 
Philip Long and Co was established in 1994 and has provided advice on business rates to many of the UK's leading retail brands including Marks & Spencer, Selfridges and DFS.
 
The deal follows similar acquisitions in 2011 when GL Hearn took the unprecedented decision to bring on board a dedicated strategic communications team, with the appointment of Nick Jones and Jo Sistern. In addition, the business continued to strengthen its Planning Development and Regeneration Department with the arrival of three public sector development consultancy specialists. Jon Pinkerton and George Barnes joined as Directors with Guy Ingham as an Associate.


Chris Hare, Philip Long and Annah Kontic
© GL Hearn Ltd 2010   Regulated by the RICS and members of RTPI