- The 53-year old valuations and advisory business is consolidating branches into single state operations
- Regional offices will integrate with capital city operations to improve efficiencies and service, says CEO
Australia’s largest independent valuation and property advisory firm has announced a significant corporate restructure.
First established in 1968, Herron Todd White has grown to become one of
Australia’s largest independent property valuation and advisory companies.
As specialists in valuation, the offices have experience across all property sectors -residential, commercial and rural – and prepare advice for all purposes including general legal, mortgage security, development and portfolio management. They have comprehensive national coverage with offices in every capital city and most regional centres.
For 30 years, the company has operated as a network of local-partner-owned
valuation offices in locations throughout Australia.
But there are now moves underway to tackle a broad-scale consolidation of offices
and head toward a new, combined business structure.
The company is in the process of due diligence before merging its South East
Regional Australia and Melbourne entities to create Herron Todd White VIC/TAS. This latest merger comes in the wake of its multiple Western Australian operations
consolidating to create the single Herron Todd White Western Australia entity in
2020 along with NSW&ACT in 2019.
“This is just the beginning of what will be a significant shift in our corporate
structure,” said HTW CEO, Gary Brinkworth, who joined the company in February 2020, just before the onset of the Covid-19 pandemic.
Mr Brinkworth said a strategy to see more regional offices integrate with capital city
operations and create large single state entities would significantly improve the
company’s operation and broaden its appeal.
“As more mergers come to light, Herron Todd White will evolve into a very significant multifaceted business with the ability to drive excellence, provide career pathways, and to have a level of market intimacy and expertise unparalleled in the Australian
valuation industry today.”
Gary Brinkworth, CEO