Springboard Advise on the Merger of Vine Property Management and Fisher German
July, 2019 - England
Springboard Corporate Finance is delighted to announce that it has advised Vine Property Management on its merger with Fisher German. Birmingham-headquartered Vine, with a network of over 10 offices across the UK, manages £2.7bn of assets including retail, industrial and office property.
Fisher German specialises in commercial, rural and residential property as well as development, utilities and sustainable energy and has a network of 16 offices across England. The combination of the two companies will form a £41m turnover multi-discipline group with 26 offices.
As part of the deal, Vine co-founder James Rigby will join Fisher German as a partner. He commented "We have watched the impressive and sustained growth of Fisher German over recent years and believe that by coming together we will equal more than the sum of our parts. The merger will mean we can offer a whole new range of services to existing clients of both companies, and also attract fresh clients with an expanded expertise in new areas."
Partner Simon Ward and Manager Matthew Guest advised the partners of Vine on the transaction. Simon Ward commented "We were engaged by Vine to find them the right partner to support the company's next stage of growth. Vine is an outstanding player in its field and Fisher German represents a strong strategic and cultural fit - we are delighted to have delivered the transaction on behalf of the partners of Vine."
THE CLIENT ON SPRINGBOARD
"Finding the right partner for Vine was critical for me and my fellow partners. The Springboard team worked with us to understand our requirements in depth and ensure that we achieved the right deal with the best acquirer for all the stakeholders in Vine. Springboard did a great job in delivering expert and pragmatic advice throughout what was a new process for us." James Rigby, Senior Partner - Vine Property Management
ABOUT SPRINGBOARD
We are a market leading corporate advisory firm focused on providing strategic, commercial and financial advice and support to a range of clients. We focus exclusively on the following services:
• Acquisitions - supporting corporate and management teams – identifying targets and executing deals
• Disposals - Full or partial business sales and exits
• Raising finance - working capital or development capital – typically debt or private equity/venture capital
• Management / Retained advisory - strategic, commercial and financial support
