Two major property management firms ‘merge’ under a single name

Two of the UK’s leading property management specialists across both residential and commercial have merged, creating a new and huge property firm with a turnover of nearly £60 million, 29 offices and 750 employees.

Fisher German and Matthews & Goodman have joined forces, with the new combined entity trading under the Fisher German name, after months of secret negotiations.

But the deal will see the Matthews & Goodman name, which is almost 160 years old, effectively disappearing from the market.

It has been a major multi-disciplinary player across many sectors including residential property management but also the acquisition and disposal of property assets, building consultancy, business rates, investment, lease consultancy and valuation.

£9m turnover

It employs around 80 people in Birmingham, Liverpool, Leeds, London and Manchester with a turnover of almost £9 million.

Fisher German’s property management, consultancy and advisory services cover the full property spectrum including commercial, rural, development, residential, sustainable energy, and infrastructure.

The firm has around 650 colleagues working across 25 UK-based offices from Glasgow to Exeter, with a head office in Ashby-de-la-Zouch.

Similarities

Andrew Bridge (main pic, right), Managing Partner at Fisher German, says there are clear similarities between the firms which attracted both parties to working together.

He says: “What we share with Matthews & Goodman is a long history dating back to the mid-nineteenth century, a collaborative approach to working with our colleagues and clients, and a proven track record of winning and retaining some of the UK’s biggest property portfolios.

James Routledge (main pic, left), Head of Investment at Matthews & Goodman, said: “This merger is much more than a marriage of cultures, capabilities, client management philosophes and ambitions.”