Evelyn Partners acquires Ashcroft Partnership LLP
Deal will expand the firm’s professional services presence in the East of England.
Deal will expand the firm’s professional services presence in the East of England.
Evelyn Partners, the leading wealth management and professional services group, is pleased to announce that it has acquired Ashcroft Partnership LLP, a fast-growing firm of Chartered Accountants and tax specialists in the East of England who are based in central Cambridge.
Ashcroft Partnership LLP is an accountancy firm that offers a range of assurance, corporate finance, business and personal tax services. Areas where it has specialist sector expertise include landed estates, farming and agriculture, real-estate, the leisure and hospitality sector and supporting technology entrepreneurs. The team comprises 40 people.
Andrew Wilkes, Chief Professional Services Director of Evelyn Partners, said: “We are delighted to have reached an agreement to acquire Ashcroft Partnership LLP. Dominic Anthony, Tom Gallop and Adrian Wilson have built a highly respected firm with a great client base and one which is a very complimentary fit with Evelyn Partners both in terms of expertise and culture. Like Evelyn Partners, Ashcroft is committed to building productive and lasting relationships that add real, discernible value to clients. Strategically this acquisition will further develop our professional services presence in the East of England, supporting our ambition of being able to provide our range of professional services to businesses and private clients right across the UK. I look forward to welcoming the Ashcroft team to the partnership group, where their expertise and experience will be a great asset to us in developing our professional services offering in the East of England.”
Adrian Wilson, Senior Partner and Founder of Ashcroft Partnership LLP, said: “Ashcroft has been on an amazing journey since 2020. We always had a fast-paced growth strategy and when we were approached by Evelyn Partners it was clear that their commitment to developing the professional services offering in the East of England aligned with our own ambitions. Their range and depth of resource have been key to the decision, as was ensuring our clients continue to receive the premium service and experience, they have come to expect.”
Evelyn Partners is the UK’s leading wealth management and professional services group, created following the merger of Tilney and Smith & Williamson in 2020. With £62.2 billion of assets under management (as at 30 June 2024), we are one of the largest UK wealth managers ranked by client assets and the seventh largest accountancy firm by ranked by Group fee income (source: Accountancy Age 50+50 rankings, 2023).
We have a network of offices in 30 towns and cities across the UK, the Republic of Ireland and the Channel Islands. Through our operating companies, we offer an extensive range of financial and professional services to individuals, family trusts, professional intermediaries, charities, and businesses.
Our purpose is to ‘place the power of good advice into more hands’, and we are uniquely well-placed to support clients with both their personal financial affairs and their business interests. Our personal wealth management services include financial planning, investment management, personal tax advice and, through Bestinvest, we have a multi award-winning online investment service for self-directed investors. For businesses, our wide range of services includes assurance and accounting, business tax advice, employee benefits, forensics, fund administration, fund governance, recovery and restructuring and transaction services.
For further information please visit: https://www.evelyn.com/
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