Property consultancy continues growth trail with second deal of 2018
Published: 12 Dec 2018
Award-winning property specialist, Vail Williams, has confirmed it has acquired Chertsey-based New Ballerino as it continues ambitious growth plans in Surrey.
Vail Williams, which recently moved into bigger offices in Woking, Surrey, announced the acquisition as part of continued plans to expand its business operations across the South of England.
Specialists in property acquisitions and disposals and with a well-respected reputation in the property market, New Ballerino brings with it a niche client base focused around Surrey and the Home Counties.
The addition of the team will strengthen Vail Williams’ existing business space offering in this area, whilst complementing the firm’s full-service property advice which includes property valuation, planning and lease advice, investment and development expertise, as well as property asset management and occupier consultancy.
New Ballerino will join the Surrey-based Vail Williams team at their new office at One Crown Square, Woking, whilst maintaining their established presence in Chertsey.
The news comes at a busy time for Vail Williams which earlier this year merged with Solent-based property consultancy, Hughes Ellard, having already acquired the general rating division of Ruddle Merz in 2017, and business rate specialists, Bisset Moffatt Hill, in 2016.
Speaking of this latest strategic business move, Geoff Fallon, Vail Williams’ Regional Managing Partner for the Surrey region, said: “We’re delighted to bring news of our acquisition of New Ballerino, in what is the next stage of our ambitious growth plan.
“Our joint expertise will benefit clients across the region and beyond, whilst allowing us to bring on board a team which fits both our high client service standards and our core values – something which is incredibly important for us to retain, as we grow.”
Having previously worked for Vail Williams, New Ballerino owner, Steve New, returns to the firm as Partner bringing with him over 30 years’ experience, alongside New Ballerino surveyor, Elliot McNish and project co-ordinator Natalie Cummins.
Steve said: “Having grown New Ballerino over the past 12 years, the acquisition by Vail Williams aligns with our visions for the future and growth opportunities for the business.
“Our skills and experience complement each other well and will strengthen what is an already robust service offering to clients in this thriving Surrey region. We look forward to working together to build on that with our new colleagues at Vail Williams.”
Geoff concluded: “The addition of New Ballerino completes an extremely busy and successful year for our Surrey team, which has seen us win awards and grow into new premises. We look forward to working with the team as we look ahead to what promises to be an exciting year.”
Vail Williams was awarded Best Commercial Agent/Chartered Surveyor at the Surrey Property Awards in November.
The acquisition completed on 30th November and brings total staff at Vail Williams to over 160 based across its eight offices in Birmingham, Crawley, Woking, Heathrow, London, Portsmouth, Reading and Southampton.
Pic Caption: L-R Natalie Cummins (New Ballerino), Elliott McNish (New Ballerino), Steve New (New Ballerino), Kevin Cook (Vail Williams), Geoff Fallon (Vail Williams), Matthew Samuel-Camps (Vail Williams).