Tue, 01 Oct 2024 | MERGER
Accountancy firm TC Group has continued to grow through M&A activity after announcing a merger with Lincolnshire-based accountancy practice Brooks & Partners. The latest deal in TC Group’s ongoing M&A strategy creates the combined business TC Brooks & Partners.
Brooks & Partners, which is based in Stamford, has extensive expertise across a range of tax domains and business sectors. The company provides comprehensive services to a diverse client base that spans individuals, small businesses and large corporate organisations.
As a result, the merger brings significant expertise into the TC Group, with the partnership expected to enhance the company’s accountancy and taxation solutions across the UK. The transaction is also expected to strengthen the presence of the combined businesses across Lincolnshire and beyond.
Fay Brooks and Kate Howitt, partners at Brooks & Partners, commented: "We are thrilled to join TC Group, marking an exciting chapter in our journey.”
"This partnership will help us work more closely with our clients, offering even better services and support. Our team is eager to meet and collaborate with the new team, building strong relationships and continuing to grow for the benefit of our clients.”
TC Group partner Keir Warwick added: "We are delighted to merge with Brooks & Partners, Stamford has always been an area in our sights and Brooks has a great reputation. As a result of this merger we now have a really strong presence in the town and I cannot wait to get started and grow it further with Kate and Fay."
The deal continues a busy period of M&A activity for TC Group, which most recently completed a merger with accountancy practice Stokoe Rodger in September 2024. The group’s recent acquisitive activity has helped it to expand to more than 35 UK locations and significantly bolstered its service offering to clients.
Find out more about M&A trends in the UK accountancy sector
Available on the market a well-established solicitors’ firm in Stoke on Trent area looking for a sale or merger.
A well-established solicitors’ practice (limited company) in central Leicester, with turnover c£600K, low overheads and 40% profit margin.
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