National surveying outfit buys Paul Jennings Associates

Surveying group Cluttons has bought a niche QS practice called Paul Jennings Associates. The firm specialises in project monitoring on behalf of banks and major financial institutions.

Paul Chilton, head of the project and building consultancy division at Cluttons said: “This represents an important step in the planned development of our cost management consultancy group. Our clients will benefit from the addition of senior qualified and considerably experienced cost management consultants to the group. In addition, the acquisition will provide synergies with and enhancement of the client base and a strategic presence well located in the M4 corridor.”

Principals Paul Jennings and Mike Jackson will both join the firm as associates and John Fuller as consultant.

Paul Jennings said: “By this acquisition Cluttons will be strengthening and expanding their bank loan monitoring services and our clients will benefit from the enhanced group. The move will mean that the full client potential of Paul Jennings Associates can be realised.”