Wed, 04 Oct 2023 | MERGER
Accountancy firms TC Group and BSG Valentine have merged in a deal that will see clients offered a broader range of services. The deal, creating the new business TC BSG Valentine, continues Sussex-based TC Group’s dealmaking activity, following its recent acquisition of Baker Chapman & Bussey (BCB).
The deal will enable London-based BSG Valentine to gain the support of TC Group’s network both in the UK and internationally. For TC Group, meanwhile, the merger significantly strengthens its operations in London.
In a statement, BSG Valentine partners said: “Having been an independent firm for over 35 years, any change needed to accommodate the ethos we have established of personalised and pro-active service and advice.”
"Our new relationship with the TC Group allows us the freedom to continue with our identity intact, but we will now have the resources and support to build upon our existing offering and to implement new technologies and services to support our clients' needs.
"TC Group's excellent reputation and standing in the professional community is well known, and we plan to contribute to this being enhanced even further in the future."
TC Group Chief Executive Richard Keyes described BSG Valentine as a firm with a “well-established reputation in London and beyond”.
He added: "BSG Valentine joining TC Group significantly strengthens our London operation and our ability to serve clients across the capital. It specifically reflects our goal of seeking like-minded firms with whom to join forces and grow."
Find out how accountancy businesses are expanding client services through M&A
With succession planning in place, this is a great opportunity to gain a presence in Scotland with qualified advisers and back-office support.
Opportunity to acquire a single adviser FA, this practitioner has 140 households so you will be managing profitable clients.
A highly aligned business with three providers mostly used means integration will be smooth, reducing the cost of the acquisition.
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