Valuations business, e.surv Chartered Surveyors, has acquired the intellectual property and brand of Acadata, a provider of House Price Indices and related data products.

Acadata, which was founded by David Thorpe in 1993, has worked as a supplier for e.surv and other businesses over a number of years, producing both England & Wales and Scottish House Price Indices.

As part of the deal, current Acadata analysts and industry veterans Peter Williams and Bob Pannell will become consultants to e.surv.

Richard Sexton, director of business development at e.surv, said: “This deal secures valuable Intellectual Property and curated data sets for e.surv which will support & accelerate our wider data strategy.

“We also look forward to pooling our experience with that of the Acadata team, to shape our proposition for the future.”

Thorpe added: “Acadata has enjoyed a productive and collaborative relationship with e.surv over many years and I couldn’t be happier that the Acadata IP and expertise will be moving to e.surv.”