SME
Private Equity
3 minutes
03/09/2025
Foresight invests in Graham + Sibbald and supports key acquisition


- Foresight has invested in Graham + Sibbald, founded in Scotland and one of the UK’s fastest growing firms of chartered surveyors and property consultants
- The investment has supported the acquisition of English property consultancy Aitchison Raffety and provides a platform for further acquisitions
Edinburgh, 3 September, 2025: Foresight Group (“Foresight”) a leading regional private equity manager, has announced an investment into Graham + Sibbald, one of the UK’s fastest growing firms of chartered surveyors and property consultants.
Since its foundation in Dundee in 1959, Graham + Sibbald has grown to become a leading provider across Scotland and more recently into key cities in England. It delivers a broad range of commercial, residential, and technical property consultancy services, enabling it to serve a wide spectrum of client needs across the full property lifecycle.
Its 270 people offer independent advice to many of the country’s leading companies, including financial institutions, public sector bodies, and residential and commercial property investors and developers.
Graham + Sibbald has grown impressively in recent years and sees an opportunity in a fragmented market to accelerate growth further.
The investment will see Graham + Sibbald transition from a traditional partnership to a corporate structure and provide a platform for acquisitions, new offices and key lateral hires. The funding has already financed an acquisition of leading property consultancy Aitchison Raffety, accelerating Graham + Sibbald’s growth in England. This acquisition creates a combined business of more than 370 employees operating out of 26 locations and increases Graham + Sibbald’s revenue from £25m to approximately £35m per annum.
Les McAndrew, Senior Partner at Graham + Sibbald, commented: “We are excited to have secured investment from Foresight. Their support has enabled us to acquire Aitchison Raffety and will help further strengthen and grow our business as we look to replicate what we have done in Scotland across the whole of the UK. The new opportunities this brings everyone is genuinely very, very exciting”
Daniel Halliday, Managing Director at Foresight, said: “We are delighted to have completed an investment in Graham + Sibbald, supporting the leadership team’s vision for growth. Graham + Sibbald is already a well known name in Scotland and there is a large untapped opportunity for consolidation in a fragmented market to become a leading player across the UK.”
ENDS
Advisers to the Company:
Corporate Finance: EY
Legal Advice: Burness Paull
Financial DD on AR acquisition: AAB
Tax: Robertson Craig
Advisers to Foresight:
Legal Advice: Addleshaw Goddard
Financial DD: Dow Schofield Watts
Management DD: Catalysis Advisory
Commercial DD: PMSI Strategy
Insurance DD: Vista Insurance
Cyber DD: Abstract Group
Notes to Editors
For more information contact:
Chris Barry, Influential: Barry@thisisinfluential.com / +44 (0)7733 103 693
Foresight Group: marketing@foresightgroup.eu