HML Holdings plc (AIM:HMLH) acquired the business and assets from Thornes Chartered Surveyors for £0.47 million on September 11, 2019. The transaction includes additional performance related retention payments of up to £0.09 million in total which will be subject to the achievement of certain criteria and will be payable 12 months and 24 months from the acquisition date. The initial cash consideration will be funded from HML's existing facilities. The business has annual revenues of £0.37 million. TCS' employees will remain with the business and operate from its existing offices in central Luton. Andrew Randall will remain with the business as a consultant to help HML with the integration of the business into HML. Ed Frisby and Giles Rolls of Finncap acted as financial advisors for HML. HML Holdings plc (AIM:HMLH) completed the acquisition of the business and assets from Thornes Chartered Surveyors on September 11, 2019.