Canford Group completes acquisition of PDC Group

Queen’s Park Equity (“QPE”) is delighted to announce the establishment of Canford Group, with the acquisition of PDC Group (“PDC”), a leading specialist property legal services firm.

Canford Group is a diversified, tech-enabled specialist legal services platform, established through the combination of Canford Law and PDC Group. The scale of the group will support sustained investment in its people, technology and service quality across each business.

PDC comprises three entities – Property Debt Collection, PDC Law and PDC Conveyancing – enabling it to operate across the full lifecycle of debt recovery, from initial collection through to legal enforcement, on behalf of landlord and residential property manager clients recovering unpaid service charge and ground rent.

The senior leadership team, led by Managing Director Reece Wheeldon will remain in place and retain a significant equity stake, ensuring continuity as PDC continues to operate under its own brand, leveraging the strong reputation that it has developed in the market.

David Nash, Group CEO of Canford Group, commented: "It’s exciting to formally establish Canford Group and set out our ambition to build a diversified legal services group with the platform and capital to scale. PDC will join Canford Law and Canford Law Scotland as our third vertical and represents the first of several acquisitions planned as we expand across the sector. I’m delighted to welcome Reece and the PDC team to the Group. We identified clear opportunities for collaboration and value creation through the diligence process, and I’m excited to work with Reece and his team to realise those opportunities and build on the strong foundations across both businesses"

Reece Wheeldon, Managing Director of PDC, reflected: "PDC's success has been built on the hard work of our people, the trust of our clients, and a shared commitment to outstanding service – a legacy Joe Tona established and that our team has continued to build on. The cultural alignment and shared vision we found with David Nash, the wider Canford team and QPE was clear from our very first conversations, and joining the Canford Group gives us the platform, and the continued investment, to build an even stronger business – all while remaining PDC, with the same relentless focus on our customers that has always set us apart"

Matthew Donaldson, Chairman of Canford Group, said: "I’m delighted that the acquisition of PDC is now complete and pleased to welcome Reece and the entire PDC team to Canford Group. This transaction is a significant milestone for the Group and represents the first of many transactions. Whilst the business continues to enjoy rapid organic growth, the Legal services market offers significant M&A potential and Canford Group, with its exceptional leadership team is well placed to capitalise on these opportunities"

Alex McRae, Investor at QPE, added: "We are thrilled to welcome PDC to Canford Group. PDC was a clear strategic fit from day one – a highly complementary business that diversifies the Group’s end markets, deepens its customer base, and adds real scale to the platform. It's exactly the kind of value-accretive bolt-on we set out to deliver when we partnered with David Nash and his team at Canford, and a strong first step in that plan. We're delighted to welcome Reece and the wider PDC team to the group, and look forward to supporting the next phase of growth together”

The acquisition is Canford’s first bolt-on since QPE’s investment in December 2025, and marks an important step in the platform’s buy-and-build strategy. PDC’s housing-focused capabilities diversify Canford’s end-market exposure, while offering revenue synergy potential across the full groups’ service offerings.

QPE has a strong track record of investing in founder-led and management-owned businesses across a range of sectors, supporting management teams to scale sustainably, both organically and inorganically, while preserving the qualities that have driven their success to date. QPE is focused on providing capital and expertise to high-quality, entrepreneur-led businesses within the Tech Enabled Business Services, Education, Healthcare and Pharma sectors, with strong ambition to accelerate their growth.

Further information can be found at: www.qpequity.com/partnerships/investments/canford-group/