December 2019
Harper Dennis Hobbs
Adviser to Harper Dennis Hobbs on their sale to Newmark Group
£undisclosed
Grant Thornton team
Real estate
Sell side
Corporate finance
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We are delighted to have advised Harper Dennis Hobbs Limited on their sale to Newmark Group Inc.

Harper Dennis Hobbs Holdings Limited (HDH) is a market leading real estate advisory firm, specialising in retail and based in London.  

Founded in 1993, HDH has experienced consistent organic growth and has become a go-to advisor on tenant-focused real estate advisory services for an extensive collection of blue-chip clients including: Belstaff, Five Guys Burgers & Fries, J. Crew, Louis Vuitton, Samsung, Sketchers, Tiffany & Co. and West Elm.  

We were appointed by HDH early on to expertly manage the sale of the business, based on our extensive experience of working with human capital led and consultancy focussed businesses. We worked closely with the shareholders to assess the strategic options available to them, tailoring the right approach and solution to provide an exciting opportunity that would allow them to continue their growth and expansion plans as part of the wider Newmark Group Inc. 

We executed a full scale, cross border sale process, which included a detailed preparation phase incorporating forecast financial modelling, VAT and tax workstreams. This enabled us to navigate the process efficiently throughout and ensure considerable value realisation for the shareholder group. 

Testimonial
We would like to thank the Grant Thornton London corporate finance team for their fantastic support throughout the transaction, marking a key milestone in the history of Harper Dennis Hobbs. They worked closely with us to gain a deep understanding of our business and strategic objectives, demonstrating market insight, expert guidance and commitment throughout the process. Given the complexities associated with the international and listed status of the acquirer, the team skilfully managed the project to completion. The outcome is testament to their experience and approach to getting deals done.
James Ebel CEO, Harper Dennis Hobbs