Fri, 06 Dec 2024 | BUSINESS SALE
Accountants Wilson Partners have continued their expansion in the South of England with the purchase of Maidenhead-based Craufurd Hale.
The latest deal, which marks Wilson Partners seventh acquisition since 2021, takes the group to around 275 staff across 7 offices. These include Cambridge, Sevenoaks, Woking and slightly further afield in South Africa.
Its revenues will now amount to £30 million following the deal.
According to fellow Maidenhead-based Wilson Partners not only does the move strengthen its presence in the South of England but also ‘enables us to bolster our audit, tax and advisory capabilities’. It will also benefit from the addition of a specialist US tax service.
Craufurd Hale traces its roots back to 1949 and comprises a group of companies such as Craufurd Hale Audit Services and Craufurd Hale Wealth Management.
Allan Wilson, the managing director of Wilson Partners, said “Having started Wilson Partners in Maidenhead, we know many of the Craufurd Hale team already and it’s great to be bringing another like-minded business on board. This latest development gives us an even stronger team on the edge of London and throughout the Thames Valley where we are continuing to see opportunities to compete against the bigger players as we continue to support SME businesses and their owners, giving them the service they deserve”.
Daniel Cole, managing director at Craufurd Hale added: “This is a great move for us and one that enables us to offer a greater breadth of services to our clients and opportunities for our staff, as well as being part of a forward thinking, ambitious larger organisation with a similar culture. Of course, being on their doorstep helps, but the rationale for joining forces is far reaching.”
Wilson Partners was established in 2008 with a ‘clear desire to be the champions of UK SME businesses’.
According to recent studies, SMEs that use accountants to help them with economic, regulatory and political uncertainty report higher revenues.
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This financial advisory firm has an infrastructure in place to carry on operating profitably post-sale.
Hertfordshire based IFA with 75% of the business' assets with two major platforms, ensuring a smooth transition post-sale.
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