Birketts advises on Taylor Gibbs buyout

Birketts has advised the management team of Taylor Gibbs Limited during their management buyout of the independent estate agency based in Highgate, London. Zia Taylor founded the agency 36 years ago, establishing a strong reputation known for personal service and local expertise. The buyout sees Miles Ponder and Charlotte Bourne, both of whom have been with the company for over 20 years, take on majority ownership. Meanwhile, Mark Gallop, Zia's husband, will retain a shareholding and continue in his role as director.

Birketts played an essential role in providing legal support through the transaction, including advising on the relevant documentation and collaborating with various stakeholders to ensure a successful completion. The corporate team at Birketts was led by Partner James Allen, with support from Anvita Oswal and Romina Scortescu.

Miles Ponder and Charlotte Bourne expressed their satisfaction, saying, “We are delighted to have completed the management buyout of Taylor Gibbs. Having both joined the business as negotiators more than 20 years ago, becoming majority owners is an incredibly proud moment for us and marks an exciting new chapter for the business." They also noted the critical support received, stating, “Birketts provided invaluable support throughout the transaction. James Allen and the team guided us through the process with clear, pragmatic advice and worked closely with everyone involved to help us reach a successful outcome."

Emphasising the continuity of service, they added, “Our priority is to preserve the values that Taylor Gibbs was built on while continuing to provide the personal service, local knowledge and independent approach our clients know and trust. Although the ownership has changed, it remains very much business as usual."

Birketts' James Allen reflected on the importance of the transition, remarking, “It has been a pleasure to advise Mark Gallop, Miles Ponder and Charlotte Bourne on the management buyout of Taylor Gibbs. Having been part of the business for more than two decades, they have an excellent understanding of the company, its clients and the local property market.” He added, “This transaction represents a natural next step for the business, providing continuity while enabling Miles and Charlotte to take Taylor Gibbs forward under their leadership. We wish them and the wider team every success for the future.”