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Gateley snaps up surveyor firm for £20m

Gateley has acquired the entire issued share capital of Smithers Purslow from the existing management team and their related parties on a debt free, cash free, normalised working capital basis

Gateley has acquired Smithers Purslow and its subsidiaries for a total maximum consideration of £20m, with an initial consideration of £12.15m payable on completion, marking Gateley’s largest acquisition to date.

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