Consultant buys another firm as it looks to cement top three status
WYG has bought consultant Signet Planning for £3.7m.
WYG said the acquisition, made by subsidiary WYG Environment Planning Transport Ltd, would cement its position as a top three planning consultant in the UK.
Signet Planning posted revenue of £3.5m in the year to 31 March 2015, and a pre-tax profit of £700,000.
The 37-strong firm was established in Harrogate in 2005 by Simon Chadwick, James Hobson and Ian Rowe.
Signet Planning also has offices in London, Manchester, Newcastle and Nottingham, and is targeting growth in the London commercial development market, as well as opportunities from the government’s Northern Powerhouse programme.
Commenting on the acquisition, WYG chief executive officer Paul Hamer (pictured) said: “We are delighted to be joined by Simon Chadwick, and his colleagues in Signet Planning. We are confident that they will be a significant enhancement to WYG’s planning and urban and landscape design capabilities.
“Following our recent acquisitions of Alliance Planning, FMW Consultancy and North Associates, we now have more than 140 planning specialists representing the third largest team in the UK.
“This leading market position leaves us well placed to take advantage of the strong demand we expect for these specialist skills within a buoyant UK market for property and infrastructure development.”