Lambert Smith Hampton (LSH) has acquired a majority stake in Scottish-headquartered consultancy Ryden.
Ryden employs more than 120 professionals across Edinburgh, Glasgow, Aberdeen and parts of northern England.
LSH’s acquisition builds on the company forming a similar strategic partnership with South East of England-based consultancy Stiles Harold Williams (SHW) last week.
Both firms will retain their brands while gaining full access to LSH’s nationwide network of 30 offices.
Ezra Nahome, chief executive of LSH, said: “Ryden’s reputation in Scotland is second-to-none, which is why this partnership makes so much sense as LSH seeks to grow to become the UK’s leading commercial advisory firm. Both businesses pride ourselves on our client focus, commercial insight, and commitment to delivering results through strong local relationships.
Alan Gilkison, managing partner of Ryden, said: “The businesses are an excellent fit in terms of geographical coverage and areas of expertise. The investment will allow us to develop our core strengths and expand into emerging sectors. There is a common desire to deliver growth, achieve key expansion targets and extend client services, while retaining Ryden’s strong reputation in Scotland. It also represents an excellent opportunity for our English business to grow more rapidly as part of a larger, established brand in the north of England and to work collaboratively across the regions.”
