PKF snaps up Pridie Brewster

PKF has bolstered its position in the South-East of England by acquiring rival firm Pridie Brewster , which has offices in Guildford, Twickenham, Alton and London, for an undisclosed fee.

The deal is expected to add £7m to PKF's revenues, which came in at £116.8m for the year to the end of March 2006. This will move PKF closer to its nearest rival Smith & Williamson, which has annual revenues of £136.9m.

Pridie Brewster partners and staff in Guildford, London and Twickenham will move into PKF premises, while Alton will join PKF’s existing network of 22 offices.

PKF national managing partner, Martin Goodchild said Pridie Brewster and PKF had 'complementary skills' which would ensure 'a smooth transition' to a single firm.

'This combination creates an enlarged team with the financial and business advisory skills to further develop the South-East market,' Goodchild said.

Pridie Brewster managing partner, Richard Faulkner said the deal would increase the firm's market share in the region.

PKF is currently ranked No.9 in the Accountancy Age Top 50.

Further reading:

German move blazes trail for Big Four

See the Accountancy Age top 50 here

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