Fri, 20 Feb 2026 | BUSINESS SALE
Accountancy group Sumer has expanded in the East of England through the acquisition of an established accountancy and advisory practice. Moore Thompson is a longstanding firm with offices across the East Midlands and East of England.
Operating for more than a century, Moore Thompson advises SMEs, family-run businesses and charities, with a significant proportion of its client base being agricultural and rural organisations. The firm has offices in Spalding, Wisbech, Market Deeping, Peterborough and Stamford.
As well as strengthening Sumer’s presence in the East of England and East Midlands, the deal increases the group’s capacity to serve clients across agricultural and land-based enterprises.
The acquisition brings several new offices into the group across key rural and market-town economies, building on its existing hubs in the North East (RMT Accountants), Yorkshire (BHP) and East Anglia (Scrutton Bland). Moore Thompson also brings a workforce of approximately 100 staff.
Sumer Chief Executive called Moore Thompson “a trusted and respected practice with deep roots in the community”, adding that Managing Partner Mark Hildred and the rest of the team had built a firm with strong client relationships and an approach that closely aligns with Sumer’s.
Calling the deal a “hugely positive step” for Moore Thompson, its staff and clients, Mark Hildred said: "We're proud of our heritage and the personal relationships we've built over many decades. Becoming part of Sumer allows us to retain everything that makes Moore Thompson special, while giving us access to wider expertise and new services which will benefit our clients.”
He added that the deal would enable the company to support even more businesses across the East of England.
In the year to June 30 2024, Sumer Group Holdings Limited reported turnover of around £71.1 million, up from £6.8 million in the period from July 26 2022 to June 30 2023, following a year in which it expanded from three hubs to ten. Normalised EBITDA, meanwhile, increased from £1.4 million to £15.8 million.
Having continued with its rapid acquisitive growth since then, Sumer says it now generates revenue of close to £300 million, with around 3,000 staff working across 70 locations.
Find out how accountancy firms are using M&A to stay ahead of the competition
The collapse of a recent sale for a major accounting firm has led to suggestions that investor interest in professional services may have peaked
This thriving business services company in Dublin has carved out a niche with key clients in the high-growth blockchain and payments sectors, boasting impressive margins.
This Hertfordshire-based practice offers a well-established client base and meaningful staff relationships built over the past 25 to 30 years, providing a smooth transition and a quality platform for future growth.
This well-established dental practice in Cumbria offers a strong foundation with a mixed client base, predominantly private patients, and is ideally situated in an affluent area, making it a lucrative opportunity for growth in private dentistry.
|
13
|
|
Mar
|
112-bedroom Bournemouth hotel on the market for £5.75m | COMMERCIAL PROPERTY
A large hotel in Bournemouth town centre, with extensive wed...
|
13
|
|
Mar
|
Swedish firm acquires majority stake in building products group | BUSINESS SALE
Swedish investor Röko AB has acquired a majority stake ...
|
13
|
|
Mar
|
Stephenson Capital acquires Cumbria-based HR firm | BUSINESS SALE
Stephenson Capital has acquired a HR firm based in Cumbria a...
|
26
|
|
Jul
|
Sumer firm RMT completes second deal of the year | MERGER
RMT Accountants & Business Advisors, which is part of the Su...
|
18
|
|
Jul
|
Accountancy consolidator Sumer completes 11th acquisition | BUSINESS SALE
Accountancy group Sumer has continued its rapid acquisitive ...
|
04
|
|
Jul
|
Sumer Group company acquires Exeter accountancy | BUSINESS SALE
Accountancy firm R T Marke & Co Chartered Accountants, which...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.