Meridian

Acquirer: The Property Franchise Group

Property franchisor The Property Franchise Group has acquired a 25% stake in residential property surveying firm Meridian for £2.5 million, expanding its presence into the residential surveying market.Summary of transaction details:Value: £2.5 millionSector: Business ServicesAdvisor: nullKey Entities: The Property Franchise Group (acquirer), Meridian (target)Location: United KingdomNote: The acquisition provides TPFG with a foothold in the growing residential surveying segment, complementing its existing property franchising operations and enhancing its service portfolio.

Investor: The Property Franchise Group

The Property Franchise Group has acquired a 25% stake in Meridian, a leading residential property surveying business, for £2.5m.Summary of transaction details:Value: £2.5mSector: Financial ServicesAdvisor: Not disclosedKey Entities: The Property Franchise Group, MeridianLocation: Yorkshire, UKNote: This acquisition marks The Property Franchise Group's expansion into the residential surveying market, aiming to enhance its platform and drive growth.