Major block management firm acquires rival

The HML Group has announced that it has acquired SDL EM Ltd & CP Bigwood LLP from the SDL Group, a business with circa 7,000 units under management.

The company successfully rebranded and merged both entities into HML Property Management towards the end of last year, but only confirmed this information in recent days.

A statement from HML states: “We have worked hard to retain as many staff as possible from SDL Property Management as we understand the important role they hold with regards to the delivery of customer care.

“This is an exciting opportunity, stemming mutual benefits for both HML and SDL customers, who have experienced a seamless transition across to the Group.”

HML says that it continues to be acquisitive and is “ambitiously” looking to expand further.

The statement adds: “We also have a number of solutions if you are thinking of selling, including outright purchase, earn outs, outsourcing, partnering and joint ventures. We can acquire entire companies or just acquire portfolios.

“We understand the need to conduct all conversations in total confidence, so much so that if you would prefer to discuss your options with an independent management consultant in complete confidence before becoming known to HML, we have arranged for Add Melon Consultants to work with you.”

 

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