This report outlines significant developments in the accountancy sector as of 1st October 2024, highlighting mergers, appointments, and expansions. Our focus is on organisations striving to enhance their market presence and operational capabilities. The details presented cover various strategic moves that exemplify growth and adaptability within the industry.
- Cooper Parry has strategically expanded through the acquisition of UHY Hacker Young Manchester and Haines Watts Thames Valley.
- Anna Anthony has been appointed by EY as the new UK and Ireland regional managing partner, set to begin her role in January 2025.
- TC Group merged with Brooks and Partners, forming TC Brooks and Partners and enhancing its presence in Lincolnshire.
- Moore Kingston Smith has brought Richard Blakeley and Thomas Dalby on board as new partners, reinforcing their advisory services.
Cooper Parry has completed acquisitions of UHY Hacker Young Manchester and Haines Watts Thames Valley, marking its ninth and tenth acquisitions since 2023. This strategic move extends their reach into key regions like the Northwest and Thames Valley, known as the UK’s ‘Silicon Valley’. The expansion is aligned with Cooper Parry’s ambition to become a leading advisory firm in the UK, bolstered by the addition of 200 staff, including 17 partners. CEO Ade Cheatham asserts that these expansions are part of the firm’s growth strategy, which has seen it quadruple in size since aligning with Waterland Private Equity in 2022.
EY has announced the appointment of Anna Anthony as the new UK and Ireland regional managing partner, a role she will assume in January 2025. An industry veteran with over 25 years of experience, Anthony will oversee operations involving more than 20,000 employees. Having joined EY over 16 years ago, her previous role as managing partner of UK Financial Services since 2021 positions her well to continue EY’s trajectory of growth, focusing on client satisfaction and inclusive culture. Current UK chair Hywel Ball will maintain his position until his successor is named.
The merger of TC Group with Brooks and Partners marks a significant enhancement of their capabilities in the Lincolnshire region. Known for its expertise in tax and business advisory, Brooks and Partners joins TC Group to form TC Brooks and Partners. This merger is viewed as a strategic initiative to bolster their client services and foster collaboration. Partners Fay Brooks and Kate Howitt express excitement about the merger, underlining the potential for growth and strengthened client relations. Keir Warwick of TC Group highlights the importance of this merger in expanding their footprint in Stamford.
Moore Kingston Smith has appointed Richard Blakeley and Thomas Dalby as partners, adding to their robust advisory team. Blakeley, a Chartered Surveyor, will lead capital allowances advisory services, providing clients with guidance on optimising tax savings related to property and commercial projects. Dalby brings expertise in business tax and employee reward schemes, enhancing the firm’s offerings. Their specialised knowledge will augment Moore Kingston Smith’s capacity to deliver tailored solutions to meet evolving client needs.
These strategic developments illustrate the dynamic nature of the accountancy sector, reflecting firms’ efforts to strengthen their positions and deliver enhanced services.
