Global programme, project management and technical consultancy, WYG, acquired North Associates Limited and its subsidiary Taylor & Hardy Limited on 29th October 2015.
This acquisition enables WYG to expand its Asset Management and Planning offering across Cumbria and Northern England and Scotland, further cementing its status as one of the largest asset management and planning businesses in the UK.
The acquisition is in line with WYG’s strategy of growing its core, front-end consultancy offering and growing quality revenues. It also positions WYG to benefit from the anticipated £90 billion of investment planned as part of the development of Britain’s ‘Energy Coast’ in West Cumbria, where WYG also expects to use some of the planning skills developed as part of its work elsewhere in the nuclear sector.
North Associates is a specialist asset management consultancy operating from offices in Carlisle for clients including commercial developers, public sector bodies and regional landowners. Taylor & Hardy Limited is a local planning consultancy acquired by North Associates Limited in 2012.
Both businesses are commercially successful and respected in the industry. On 21 October 2015, North Associates was recognised at the CN Group Business Awards as the Service Business of the Year.
Paul Hamer, Chief Executive Officer, WYG, commented:
“We are delighted to be joined by the Managing Director, Andy Ross, and the teams from North Associates and Taylor & Hardy, who have built a strong reputation in the region and have recently won the 2015 Service Business of the year award at the Cumbrian News Group Business Awards. We have collaborated successfully with them in the past on several projects and are confident that their experience in residential, energy and infrastructure markets will significantly strengthen our property asset management team. The acquisition will expand our offering across Cumbria and the North, in particular along Britain’s Energy Coast.
“Following on from the acquisitions of Alliance Planning and FMW Consulting, in September 2014 and June 2015 respectively, today’s news further demonstrates WYG’s ability to deliver sustained growth both organically and by acquisition, in line with our strategic growth aspirations.”
Craig Hatch, Head of Asset Management, WYG, said:
“We welcome North Associates and Taylor & Hardy to WYG. The strategic asset management services that Andy Ross and his award winning team will bring on board will complement our existing asset management experts who are already at the leading edge of our national capability and we look forward to them joining our team. This is extremely good news for our clients, across Cumbria and all over the UK, who seek to maximise the return on their assets.”