A Canadian investment firm has acquired a stake in UK-headquartered construction and property consultancy Gardiner & Theobald (G&T).
Hennick & Company (HennickCo) said the long-term strategic investment will position G&T for continued growth and expansion throughout the UK, US, Ireland and beyond.
As part of the deal, G&T will remain headquartered in the UK and continue to be known as “Gardiner & Theobald LLP”.
All 157 partners, and its employees, will remain in their current roles, with the senior leadership team, including managing partner, Adam Glover, retaining full autonomy and control over the day-to-day operations.
Glover said: “We are delighted to welcome HennickCo as a long-term investor and well aligned strategic partner.
“This provides G&T with an even stronger platform and significant financial strength to grow our business.
“HennickCo shares the culture, ethos, values and entrepreneurial spirit which is at the heart of G&T.
“Most importantly, we believe this new partnership will benefit our clients, strengthen our world-class service offering and provide even greater opportunity for our people in the years to come.”
Founded in 1835, G&T is today a £292 million turnover business with 1,400 staff providing PM, cost and infrastructure management, and specialist consultancy across the built environment.
The financial terms of the transaction were not disclosed.
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