Latest acquisition is Worthing-based Crawford Davis

Cullum Capital Ventures has bought Worthing–based Crawford Davis.

CCV chief executive Tim Johnson said: “Crawford Davis has an excellent trading history and a long established client base on the South Coast. With a GWP approaching £3m, this moves CCV to £70m and gives us presence in another area of the UK.”

Keith Crawford, managing director of Crawford Davis added: “We considered a number of potential homes for our business and felt that CCV was ideal for our customers, staff and equally importantly the ongoing development of the company.”

CCV’s Chairman, Peter Cullum added: “By investing in good quality regional firms, CCV is able to help both shareholders and staff build more successful companies for the benefit of customers and staff alike. Crawford Davis is an excellent addition to the family and with our involvement we are sure the company will continue its successful progress.”

The business and staff will remain in the company’s current premises in Worthing, West Sussex.