Wealth administration and Monetary Planning agency Evelyn Companions has acquired Tunbridge Wells-based accountancy agency Creaseys Group Restricted.
The accountancy agency and tax specialist has a workforce of over 50 and a selected experience in advising non-public fairness executives on their tax affairs.
Andrew Wilkes, chief skilled providers director at Evelyn Companions, stated the acquisition assist’s the Monetary Planning agency’s objective to have the ability to present a variety {of professional} providers to companies and purchasers throughout the UK.
He stated: “Strategically this acquisition will additional develop our skilled providers presence within the South East of England, supporting our ambition of having the ability to present our vary {of professional} providers to companies and personal purchasers proper throughout the UK. It additionally enhances the broader group’s experience with non-public fairness companies and extends the workplace footprint within the South East, changing into our second location in Kent alongside Maidstone.”
The acquisition is the most recent in a collection {of professional} providers corporations acquired by Evelyn Companions.
In February Evelyn Companions acquired Leathers LLP which operates from workplaces in Newcastle and Harrogate, and in April it acquired Cambridge-based agency the Ashcroft Partnership LLP.
The group stated that regardless of a “difficult market backdrop” it generated vital new enterprise and grew year-on-year working revenue.
Gross inflows of recent property in Q3 ending 30 September have been £1.8 billion, 38% larger than in the identical quarter final yr (Q3 2022: £1.3 billion).
Nonetheless gross outflows rose from £0.8bn to £1.3bn.
Evelyn Companions was created following the merger of Tilney and Smith & Williamson in 2020 and has roughly £55.4bn of property below administration. It has workplaces in 28 cities and cities within the UK, in addition to the Republic of Eire and the Channel Islands.
