Wealth supervisor {and professional} providers group Evelyn Companions has acquired Ashcroft Partnership LLP in Cambridge.
Ashcroft is a rising agency of Chartered Accountants and tax specialists serving the East of England.
The agency presents a variety of assurance, company finance, enterprise and private tax providers.
The value of the deal has not been revealed.
Ashcroft specialises in landed estates, farming and agriculture, real-estate, the leisure and hospitality sector and supporting expertise entrepreneurs. It has a workforce of 40 workers.
Andrew Wilkes, chief skilled providers director of Evelyn Companions, mentioned: “We’re delighted to have reached an settlement to accumulate Ashcroft Partnership LLP.
Dominic Anthony, Tom Gallop and Adrian Wilson have constructed a extremely revered agency with an awesome shopper base and one which is a really complementary match with Evelyn Companions each by way of experience and tradition. Like Evelyn Companions, Ashcroft is dedicated to constructing productive and lasting relationships that add actual, discernible worth to purchasers.
“Strategically this acquisition will additional develop our skilled providers presence within the East of England, supporting our ambition of with the ability to present our vary {of professional} providers to companies and personal purchasers proper throughout the UK. I stay up for welcoming the Ashcroft workforce to the partnership group, the place their experience and expertise can be an awesome asset to us in growing our skilled providers providing within the East of England.”
Adrian Wilson, senior companion and founding father of Ashcroft Partnership LLP, mentioned: “Ashcroft has been on an incredible journey since 2020. We at all times had a fast-paced progress technique and once we have been approached by Evelyn Companions it was clear that their dedication to growing the skilled providers providing within the East of England aligned with our personal ambitions.”
Evelyn Companions was created following the merger of wealth managers Tilney and Smith & Williamson in 2020. It has £53bn in belongings beneath administration and workplaces in 28 cities and cities within the UK, in addition to the Republic of Eire and the Channel Islands. It offers a variety of monetary {and professional} providers to people, household trusts, skilled intermediaries, charities and companies.