Thu, 21 Sep 2023 | BUSINESS SALE
North West accountants practice bennettbrooks has made its third acquisition in 16 months with a deal for Altrincham-based firm MBL (Business and Tax Advisers). The acquisition, for an undisclosed sum, supports bennettbrooks’ expansion and growth plans, taking its employee headcount to 180.
MBL was founded in 2002 and supports clients across Greater Manchester and the surrounding area. The company’s employees will be retained following the acquisition, ensuring continuity of service for clients and bringing additional expertise and resources into the bennettbrooks team.
The acquisition adds another location to bennettbrooks’ growing UK presence, building on its base in Northwich and offices in Chester, Macclesfield, Southport, Cheadle, Leek and Llandudno. Bennettbrooks, which was established in 1991, provides a range of accountancy services, including payroll, corporate finance, audit, tax planning, forensic accountancy and IT support.
Commenting on the latest acquisition, bennettbrooks Managing Director Yvonne Wood said: “The acquisition of MBL strengthens our presence in Greater Manchester whilst supporting our growth plans.”
“Altrincham is a great addition to our office network, which covers the North West and North Wales. The town has strong transport links to the centre of Manchester, a dynamic and vibrant culture and a number of professional firms have bases there."
Find out how UK accountancy firms are driving their growth through M&A
An exciting opportunity to acquire a well-established independent financial advisor firm with £125m in funds under management in Wiltshire.
Although profitable, this business has quality personnel who can continue working, leading to a smoother transition post sale.
This firm represents a superb opportunity to establish a hub, with staff and offices already in place.
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