88 LAWYER MONTHLY MAY 2023 Paddy Brennan Acquires McConnell Chartered Surveyors Limited About the Deal Johns Elliot Solicitors advised the shareholders of Belfast property consultancy McConnell Chartered Surveyors Limited on its acquisition by prominent Northern Ireland entrepreneur Paddy Brennan. Tracing its original origins back to 1854 and based out of Belfast’s Montgomery Street, McConnell Chartered Surveyors Limited is the Northern Ireland Alliance partner of JLL, which is one of the world’s largest real estate advisors with over 100,000 employees. The firm will now be helmed by new owner Paddy Brennan as managing director. Brennan was a co-founder of BTWShiells, the largest independent commercial property consultancy firm in Ireland prior to its 2014 sale to Lambert Smith Hampton. Brennan has recruited eight former employees to support his growth strategy for McConnells. The majority of the firm’s former shareholders will remain within the business. Commenting on the acquisition, former shareholder Rory Clark said: “The sale of the business to Paddy brings a very welcome boost to McConnell’s, combining our loyal, strong and diverse client base, with Paddy’s wealth of experience in the property business and particularly his expertise and contacts in Capital Markets. We very much look forward to a bright future working together.” Johns Elliot Solicitors advised the shareholders of McConnells with a team led by partner Jason Thompson. Transaction Interview Legal Advisor on the transaction:
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