Home  >  News & Insight  >  Cowgill Holloway advise How Planning on its acquisition by GVA

Cowgill Holloway advise How Planning on its acquisition by GVA

GVA has acquired Manchester-based planning consultancy How, taking its 35 staff into GVA’s existing planning, development and regeneration team.
All How staff are relocating from their Peter Street offices into GVA’s office in Norfolk House.
How will now trade as GVA How Planning. Its three shareholder partners, Gary Halman, Jon Suckley and Richard Woodford, will become senior directors of GVA.
The move establishes the largest planning business in the North, with a combined capacity of over 60 planning specialists operating from GVA’s North and Scotland offices in Manchester, Liverpool, Leeds, Newcastle, Glasgow and Edinburgh. It is also a major part of GVA’s strategy to build the Manchester office into the North West’s leading real estate advisory business.
Paul Stringer, Corporate Finance Partner at Cowgill Holloway advised the owners of Manchester-based How, with Georges Daubney from the firm’s tax team heavily involved in structuring the deal due to its complexities.
Talking about the deal, Paul Stringer said: “The coming together of How and GVA presents a very strong offering in the property sector – it feels like a really good fit.
“We really enjoyed working with Gary, Richard and Jon and are were delighted to have advised them through the deal. We very much look forward to seeing what they achieve as part of GVA.”
How was founded by Gary Halman and Richard Woodford in 2001, and has since grown to advise a wide range of clients including Far East Consortium, Bruntwood, Royal London, Bentley Motors, Marks & Spencer and Aldi.
Chris Cheap, Head of Manchester for GVA, said: “GVA has a very strong regional presence in the North, and the integration of How provides an even stronger platform to deliver a best-in-class service to our clients. How and GVA have strong synergies in terms of culture and values and this is an excellent fit for our clients and partners.”
Gary Halman, Managing Partner of How, said: “How has many synergies with GVA in terms of its strong regional positioning, work ethos and commercially focussed approach to planning and development. Joining such a highly regarded national practice with such a strong consultancy and planning pedigree will allow us to better service our clients’ needs, enhanced by GVA’s wide experience and activity within key markets in the UK, as well as offer a strong pathway to growth for our talented workforce.”
The corporate team at the Manchester office of Mills & Reeve led by Partner Chris Ross advised the founders of How Planning.


This article is for general guidance only. It provides an outline, and may not include points which are important to your situation. You should not depend on this blog without taking advice based on the full facts of your case. The information given was correct at the time of publication.

Disclaimer

The information was correct at time of publishing but may now be out of date.

Corporate Finance
Posted by Cowgills
22nd May, 2018
Get in touch with Cowgills