Mon, 21 Jul 2025 | BUSINESS SALE
An accountancy firm based in Swansea has completed its first acquisition, in a deal supported by a six-figure loan from the Development Bank of Wales. Unity Accountancy has acquired Llanelli-based counterpart TA Llanelli.
The deal will bring seven members of the target company’s staff, along with its local client base of more than 700 businesses, under the management of Unity Accountancy, while enabling former TA Llanelli owner Roger Bowen to explore other business opportunities.
Unity Accountancy was launched in January 2023 by digital accounting expert Cerith Williams and co-director Ben Ruddle. The acquisition of TA Llanelli is hoped to be the first of many acquisitions for the company, with plans for the next acquisition to be completed before the end of the calendar year.
Cerith Williams said: "Taking on TA Llanelli as our first acquisition was an obvious growth step for us. We’ve always planned on growing through acquisition, but their strong local networks and experienced team made them the ideal choice.”
The acquisition was supported by a £280,000 loan delivered through the Development Bank of Wales’ Wales Flexible Investment Fund.
Sally Phillips, Investment Executive at the Development Bank of Wales, commented: "Bringing together Unity’s expertise with TA Llanelli’s extensive client base will mean SME customers in this part of south-west Wales will have access to high-end, data-driven intelligence, which will support business growth in the area in turn.”
"We’re glad to have brought these two leading financial services together, and look forward to Unity’s further growth as they take on future acquisitions."
TA Llanelli was founded in 2004 and previously operated under the Taxassist franchise. Post-acquisition, the company’s longstanding customer base will be advised using Unity Accountancy’s data-driven approach.
Unity Accountancy utilises AI technology and cloud-based accounting software to provide long-term financial and tax advice for business customers using real-time data. According to the company, automating the traditional accounting processes enables them to focus on providing value-added service for customers, while using live intelligence to identify trends and guide financial planning.
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