Graham and Sibbald, the chartered surveyor and property consultant that has been in acquisitions mode recently, has bought Fleurets, the specialist leisure sector property consultancy.
Fleurets brings two centuries of expertise in hotels, pubs, restaurants, nightclubs and leisure assets, and a team of leisure specialists including agents and surveyors across England and Wales. According to its website it has 20 staff.
Since its foundation in Dundee in 1959, Graham and Sibbald has grown across Scotland and into key cities in England. Its consultants offer advice to financial institutions, public sector organisations and residential and commercial property investors and developers.
Graham and Sibbald is an expert in the valuation of hotels, pubs and restaurants, and works with large hotels, leisure groups and independent operators. It says that position will be strengthened with the addition of Fleurets' team of sector experts, enabling the combined business to better serve specialist hospitality and leisure markets nationwide.
The two companies will continue to trade as separate entities for an initial period before becoming fully integrated under the Graham and Sibbald brand.
The acquisition contributes to a business of more than 400 employees operating out of 25 locations. It follows an equity injection into the business from global investment manager Foresight Group in the third quarter of 2025, which supported other recent acquisitions including JMP Construction and Property Consultants and its sister company SID Asset Management earlier this year, and Aitchison Raffety in September 2025.
Les McAndrew, CEO at Graham and Sibbald, said in a statement: “Fleurets brings with it an invaluable 200-year history of expertise, trust and solid relationships in a key growth sector for our business. While Graham and Sibbald has an established presence in hospitality and leisure, our combined offer will enhance this with more specialist consultants in key locations across England. We look forward to welcoming our new colleagues from Fleurets into the fold.
“This acquisition is the third in an unprecedented period of growth for Graham and Sibbald. We continue to invest in our strengths while expanding our coverage across the UK – but especially in England. In the past 10 months, we have added new service lines, technical expertise and specialist sector knowledge while enhancing our local presence, which has already provided additional value for our clients.”
Paul Hardwick, managing director of Fleurets, added: “We are incredibly excited to be joining G and S, a company whose culture is aligned with Fleurets’. The board of Fleurets see huge opportunity for significant growth in the hotel and leisure sectors and the combined strength of the two companies and the additional service lines that we can offer our clients will be invaluable.
As a company we put our people and clients first and joining G and S will greatly benefit both and accelerate both companies’ growth strategies.”