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Eddisons has acquired Banks Long & Co in a deal which sees the Lincoln-based firm boost Eddisons’ presence in the East of England & the East Midlands.

Established in 1989, Banks Long & Co is a multi-disciplinary firm of consultants & surveyors whose property agency & professional services are highly regarded in its local and regional markets.

Banks Long & Co’s headcount of 38 will now integrate with Leeds-headquartered Eddisons’ existing network of 25 UK offices.

This latest acquisition sees Eddisons reinforce its existing operations in the East of England & East Midlands where it already has offices in Peterborough, Kettering, Northampton, Huntingdon, Cambridge & Bury St Edmunds.

The addition of Banks Long & Co to Eddisons’ operation follows the national consultancy’s acquisition of East Midlands-based firm Budworth Hardcastle last year and its pre-pandemic purchase of the East of England property agency Barker Storey Matthews.

Eddisons now employs around 400 people and is one of the UK’s fastest growing property consultancies.

Commenting on the acquisition, Banks Long & Co Director Tim Bradford said, “Through our talented team of people, Banks Long & Co has developed a market leading reputation for delivering quality property advice.

“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 clients and I look forward to developing the opportunities the deal presents.”

Announcing the acquisition, Anthony Spencer, Eddisons managing director, said, “Banks Long & Co has an excellent regional reputation and I am delighted to welcome their team to Eddisons.

“The acquisition complements our existing strength in the East of England and I look forward to working with Tim and the team to seek opportunities for further growth.”