Latest deal cements relationship with property giants
Article date: 17/02/2017
The start of 2016 saw Higgs & Sons announce a major deal involving one of the country's largest and best performing property consultancy and auction houses.
Higgs' specialists had worked with SDL Bigwood over many years, and so when the shareholders were looking to sell to national property services group Shepherd Direct Limited (SDL), it was natural that they should turn to Higgs to act for them.
Rory Daly, CEO of SDL Bigwood commented: "We have a relationship with Higgs & Sons stretching back several years, so we knew they were the right partner to support us when it came to such a major development for the organisation."
Like Higgs, Bigwood has a long and proud tradition. It can trace its origins back to 1854, and following its merger with Curry & Partners in 2011, the company now boasts than 25,000 properties under management with £80 million of property auction sales per annum.
Partner Susheel Gupta from Higgs & Sons' Corporate Team, who has provided support and expert advice to SDL Bigwood across several deals over the extensive relationship, believes that the sale to SDL will provide a significant boost to the organisation:
"Coming under the SDL umbrella will allow Bigwood to drive on with its ambitious growth plans.
"We worked closely with Bigwood to put in place a deal that will enable the organisation to accelerate its growth plans. We are proud to have acted for them on this matter and we hope to continue our long standing relationship as they continue to expand."
SDL Bigwood is a multi-disciplined property consultancy and one of the country's biggest and best-performing property auction houses. With a similar philosophy to Higgs & Sons, the firm is proud of its traditional values, while being dedicated to developing modern solutions for its clients.
Under the SDL Bigwood umbrella, the firm operates from locations in Birmingham, London, Stratford-upon-Avon, Loughborough and Southampton. It provides a wide spectrum of property based functions including auctions, property and estate management and commercial and professional services.
"The team at Higgs & Sons were fantastic at getting to the key points so quickly, continues Rory Daly. "Susheel Gupta and the team's, understanding of our business really helped get the deal done and I would wholeheartedly recommend Higgs to anyone in a similar situation."
Susheel Gupta concludes: "It was extremely rewarding for the team to be involved in this latest matter for SDL Bigwood. Our work for the firm last year illustrates our detailed knowledge of the estate agency market.
"The skills and experience we have developed over the years will continue to help us support Bigwood and other clients in this area as the continuing buoyancy in this sector continues throughout 2017 and beyond."
To find out more about SDL Bigwood, go to: http://www.sdlbigwood.co.uk/