Graham + Sibbald has acquired English property consultancy Aitchison Raffety (Commercial).

The deal creates a combined business with more than 370 employees operating out of 26 locations and increases Graham + Sibbald’s revenue from £25m to approximately £35m per annum.

It was financed through a private equity deal with Foresight Group.

Since its foundation in Dundee in 1959, chartered surveyor and property consultancy Graham + Sibbald has grown across Scotland and into several cities in England.

Surveyors practice Aitchison Raffety employs more than 100 staff across nine offices in England, including bases in Birmingham, Manchester, London, Northampton and Bristol.

Les McAndrew, senior partner at Graham + Sibbald, said: “After opening our Manchester office in 2019 and acquiring the w

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