Judd Farris Group has been acquired by MPS Group, Inc.
Judd Farris was founded by Mark Farris and Dominic Judd in 1998 to focus on the specific needs of the property world and has become the market leader placing property professionals such as surveyors, structural and building engineers, architects and facilities managers.
The company, which employs over 140 consultants globally, counts among its clients many of the UK's largest commercial agents, professional practices, developers, retailers, financial institutions and central and local government departments.
Having established a network of offices in the UK, the Judd Farris team turned their attention to expanding abroad, initially in Australia successfully establishing teams in Sydney and Melbourne since 2004. This provided a launch pad into the high growth Asian market and in 2006 a Hong Kong office was opened. Further offices in Shanghai and Brisbane are in the offing as a result of the deal that will support Judd Farris's rapid expansion across Asia and the Pacific Rim.
Dominic Judd commented: “When looking for a partner we were very specific in who we wished to work with as it had to be a company that fitted with the professionalism and culture of our business. Arrowpoint Advisory successfully identified a short list of potential suitors and guided us through the process which has resulted in our becoming part of the MPS Group. Collectively, the team are excited with the potential as it will allow us to accelerate our expansion worldwide.”
MPS's global business includes subsidiary Badenoch & Clark in the UK and operates in a number of professional staffing sectors including finance and healthcare.
Jeremy Furniss, Managing Director at Arrowpoint Advisory comments: “Judd Farris set us a very specific list of characteristics that they were looking for in a new owner, including a recognition of the strength of the Judd Farris brand in its sector, an existing international infrastructure and a commitment to quality and a willingness to support the current team's growth plans. Working with our colleagues in Chicago, we were satisfied that MPS met all of these requirements and the two teams immediately hit it off.”