12 January 2015, Carter Jonas has acquired the New Square Holdings Group comprising two well-known Cambridge based property companies: Januarys, the commercial and planning consultants, and residential sales and lettings agency, Bradshaws. As part of the transaction, the national property consultancy is also acquiring the Januarys’ development land business, based in Northampton.
The acquisition increases the Carter Jonas team of property specialists based in Cambridge to 80. Over the coming months, the various business streams of the two firms will combine to produce a multi-disciplinary property consultancy, covering the eastern region with offices in: Cambridge, Bury St. Edmunds, Peterborough, Sawston, Long Melford, and Northampton. The combined residential sales and lettings businesses will initially trade as Carter Jonas Bradshaws as Carter Jonas develops into one of the strongest lettings agents in Cambridge, covering both the city and village markets.
Mark Granger, chief executive, Carter Jonas, commented: “The acquisition of Januarys and Bradshaws continues the growth of our presence in the eastern region that has included other purchases in the last few years, namely Jeffersons Commercial, and the rural business, HW Dean. It is very much in line with our national strategy, which includes the further strengthening of our principal hub offices.
Cambridge holds a significant place in the firm’s heritage, being the location of our first office, 160 years ago, and when combined with Januarys, who have been in the city for nearly 80 years, the merged business will deliver a significant amount of experience and expertise.”
Simon Dazeley, chairman of New Square Holdings, said: “Carter Jonas has built an excellent reputation, both in Cambridge and throughout its network of UK offices. Januarys and Bradshaws are both renowned for their regional professional expertise and level of service. I have no doubt that the combination of these two businesses in Cambridge, with a strong national brand, will significantly improve our client offering in this thriving City”.
This latest deal follows a series of recent acquisitions by Carter Jonas including Sullivan Thomas, the residential business based in Fulham, Parsons Green and Wandsworth; the commercial investment agency, Whittingham Prosser; Barnes based residential agency Boileaus; and London based planning consultancy, Planning Perspectives.