Wed, 26 Feb 2025 | BUSINESS SALE
Financial firm Fortus has bought Leeds-based accountants and business advisory Charles Stewart & Co as part of its 5-year growth strategy.
Fortus, which offers services ranging from accounts to business audit and wealth management said the deal would also enhance its compliance capabilities and provide a robust foundation for further growth in the city. It has offices in Scarborough, York, Leeds, Manchester, Leicester, Milton Keynes and London.
Craig Herbert, Group CEO of Fortus, said “Ensuring that client service remains consistent and unchanged is an absolute priority for us and given our team now consists of 120 outstanding people, we’re confident of successfully navigating that challenge. We will now be able to leverage the combined expertise of both teams, ultimately delivering enhanced value to clients of Charles Stewart & Co.”
He said the deal positions it for scalable growth in the future which, aligning with its 5-year growth strategy, “focuses on us coming together with businesses driven by culture, in-house expertise and quality clients”.
Fortus hit record revenues in 2025, with forecasts set to exceed £10 million in 2026. Last year also saw the successful launch of a new Business Finance service, headed up by experienced finance broker, Richard Swan, as well as the completion of the acquisition of JWP Creers in York earlier in the year.
Former owner of Charles Stewart & Co, Andrew Charles – now a Director at Fortus – said: “This acquisition is crucial for my business and for my team. Not only does it provide our clients with an array of additional services that a firm of our size has not previously been able to offer in-house, but it also gives my team the security of being part of a bigger business which will unlock many opportunities for their own personal professional growth. It will very much be business as usual for all concerned.”
Find out more about M&A trends in the financial services sector
A prestigious law firm with an expert team, offering unparalleled opportunities in mergers and acquisitions, banking, and financial law.
This independent financial advisory firm is jointly owned and are looking at business succession planning for when one of the directors decides to fully retire in 2-3 years’ time whilst the other director is looking to stay on post sale as an adviser...
A directly authorised IFA firm with a well-placed office location has a team of advisers, both financials and mortgage as well as support staff. They place high emphasis on client service and providing long term financial planning to support their cu...
01
|
Apr
|
Law firms merge to create regional powerhouse | MERGER
A Lincolnshire and Yorkshire law firm have announced they ar...
01
|
Apr
|
Jackson Jackpot falls into administration | ADMINISTRATION
Online competition business Jackson Jackpot Ltd has gone int...
01
|
Apr
|
UK administrations: March 26 – April 1 | ADMINISTRATION
Since our last update, the following businesses have been co...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.