Thomson Snell & Passmore have advised on the Management Buy-Out transaction of Michael Parkes Surveyors Limited, a firm of Chartered Surveyors, Property & Planning Consultants based in Medway and London.
Michael Parkes Chartered Surveyors, established since 1985, offers a broad range of services for in the residential and commercial property market including property managing, valuation, sales & lettings and planning.
Following completion of the MBO transaction, Denise Ford, who has already been running the company for a number of years, assumed full control of the Company and the Board.
The transaction team at Thomson Snell & Passmore was lead by Corporate Associate, Faye Cook, assisted by Nicole Priestley, and Alex Lewsley, a Senior Associate in the Commercial Property team.
Commenting on the transaction, Faye Cook said: “We are absolutely delighted to have advised on the transaction, and to have achieved a successful outcome for all parties involved. We wish Denise and the Company every success in the future, particularly its plans for expansion and growth in the market over the next few years.”
Denise Ford of Michael Parkes Chartered Surveyors said she was “very pleased… with the service provided by Faye Cook – and indeed all of the team at Thomson Snell & Passmore… who explained everything in a really clear and concise manner, making the whole thing pretty seamless.”