Manchester-based building and project consultancy Paragon has merged with Surrey-based Bond Davidson to create a £22 million turnover business.
The combined company, which has its Manchester office at the Freetrade Exchange, is currently advising on projects with a total construction value of £5 billion.
The two firms will continue to operate as Paragon and Bond Davidson in the short term before aligning under the Paragon brand in November.
Paragon’s North West-based clients include Property Alliance Group, Northwood, Praxis, Select Property Group and City Block.
Bond Davidson was established 26 years ago in Esher, Surrey. The companies employ close to 200 people between them.
Speaking on behalf of Paragon, John Munday says: “Paragon and Bond Davidson complement each other perfectly in terms of our respective project and building consultancy services and specialisms.
“We had a larger building surveying and due diligence offering whilst they had a larger project services offering. Together, we are significantly more skilled and able to advise a wider range of clients.
“Both businesses were independently considering acquisitions as part of their strategic growth plans, so the merger is perfectly timed.
“We are now one unified team. Both companies have been seeking new team members and by combining forces we partly achieve that objective, are stronger and can demonstrate greater experience. We also expect new job opportunities will be generated by the merger.”