Evelyn Partners has bought accountancy and tax specialist firm Creaseys Group Limited.
The deal forms part of Evelyn Partners’ strategy to have organic growth in its professional services business with selective acquisitions of high-quality firms.
As part of this strategy, in February, Evelyn Partners acquired Leathers which operates from offices in Newcastle and Harrogate and, in April, it acquired Cambridge-based firm the Ashcroft Partnership.
Evelyn Partners chief professional services director, Andrew Wilkes, said: “We are delighted to have reached an agreement to acquire Creaseys.
“Terry Shephard and his colleagues have developed a highly respected and forward-thinking firm which fits well with Evelyn Partners both in terms of expertise, culture, and the types of clients they advise.
“Like Evelyn Partners, Creaseys is a business committed to building long standing relationships that add real, discernible value to clients.”
Wilkes additionally stated that the acquisition will further develop Evelyn Partners’s presence in the south east of England.
“It also enhances the wider group’s expertise with private equity businesses and extends the office footprint in the south east, becoming our second location in Kent alongside Maidstone,” he added.
Established over 150 years ago, the team of over 50 at Creaseys offer a range of assurance, advisory and tax services to both businesses and individuals, with a particular expertise in advising private equity executives on their tax affairs.
Creaseys partner and head of client relationships, Terry Shephard, also said: “Creaseys is delighted to be joining Evelyn Partners to extend the offering in the south east of England.
“In discussions with the Evelyn Partners team, we felt both businesses had similar core values and an ethos of putting the client at the heart of what we do.
“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.”
tom.dunstan@ft.com
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