Tue, 20 Sep 2016 | MERGER
Wilkins Kennedy, a leading accountancy firm, will merge with the Maidstone office of Day, Smith and Hunter (DSH).
The merging of the companies will create a combined company with 72 partners with an expected turnover of £47m. It’s anticipated that the merger will be completed on 30 September. Once completed, the Maidstone office of Day, Smith and Hunter will trade as Wilkins Kennedy.
In a statement, Rob Reynolds who is regional managing partner of Wilkins Kennedy’s southern region, said: “We are delighted to be joining forces with DSH, a firm that is well established and very highly respected throughout the region.
"This merger provides us with a significant base in the centre of the county to support our growing client base. We look forward to welcoming our new colleagues to the WK team.”
Mike Startup, partner at Day, Smith and Hunter, said, “We are delighted to be merging with Wilkins Kennedy, which has a similar client base to ourselves and shares our ethos with regards to client care.
In addition, DSH’s second office, in Rickmansworth, Hertfordshire, will merge with another accountancy firm, Mercer & Hole. Mercer & Hole, also a top 50 accountancy firm, already have offices located in London, St Albans and Milton Keynes. This merger is anticipated to increase the firm’s reach and presence in the South East and the Home Counties, in particular.
Three partners from the DSH Rickmansworth office will become Mercer & Hole partners once the merger has gone through in October. Mark Cassidy, David Jones and Sandy Bell will continue being based from Rickmansworth.
In a short statement, Mercer & Hole said DSH were a “natural fit” with the company’s ethos. “This is a progressive development for Mercer & Hole which will extend the firm’s geographical reach and further strengthen their presence in the South East. Mercer & Hole are already a Top 50 Accountancy Firm,” it said.
Check for businesses for sale in your company sector
A rare opportunity to acquire a long established, profitable, BMW After Market Specialist, with an excellent reputation. Trading profitably since 1994. Offering complete automotive performance, engineering and styling solutions. This is a retirement...
Provides an extensive range of coffee machinery, which is imported from Italy and Spain, and coffee products, which are sourced within the UK. Offers invited.
FREEHOLD
One of the UK's leading end-to-end service providers. Comprehensive export handling, packing and storage services, providing specialist cargo and goods management to a wide variety of international operations and private clients. 40+ years of success...
|
24
|
|
Jan
|
Yorkshire engineering firm completes MBO deal | MBO/MBI
A West Yorkshire engineering group has been taken over by th...
|
22
|
|
Jan
|
Jewellery retailer enters administration | ADMINISTRATION
A Nottingham-based jewellery and watches company has fallen ...
|
19
|
|
Jan
|
Luxury lodging group enters administration | ADMINISTRATION
An Essex-based company which operates eight luxury lodge par...
Sign up to receive our acquisition alert emails to get your FREE guide
|
22
|
|
Aug
|
Independent media agency completes a management buyout (MBO) deal | MBO/MBI
The management team has bought out The Specialist Works from...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources