NUMERICA FOUNDER Tony Sarin has returned to the practice market with the acquisition of south-east firm Clark Howes.
Sarin joins the firm as chairman along with new managing director Tim Shaw, after they acquired a controlling interest.
They will work alongside the practice’s founder, Rodger French, who will remain as commercial director.
Sarin was a high-profile figure in the profession during the early 2000s when he led the acquisition of Levy Gee, using the Numerica brand to buy more firms and then float on AIM. The listed consolidator model was also followed by RSM Tenon and Vantis. Numerica was eventually split up, with Vantis and BDO taking on its former offices.
He also serves as chairman of private equity business K2 Partners.
Shaw is a chartered accountant who originally set up his own London practice . He then became CEO of Watford Football Club’s holding company in 2000, before joining Sports and Entertainment Media Group. He has also served as CEO of Rays of Sunshine children’s charity, where he nows sits as a trustee.
Clark Howes founder French said: “I am very pleased to welcome Tony and Tim to the firm. Their broad experience of accountancy practice combined with their commercial knowledge and expertise will play a key role in our continued expansion.”
Shaw said: “This is an incredibly exciting time for the group’s development and I am delighted to be taking over as managing director.
“With a strong reputation for delivering an excellent service for their clients, the philosophy of being more than your ‘typical’ accountants has been key to the firm’s development. We are greatly looking forward to working closely with our colleagues to ensure that we build on our strengths across the firm’s national and international network and continue to add to its ongoing success.”
BHS auditor PwC questioned over why it described the embattled retailer as a 'going concern' days before it was sold for £1
KPMG raised concerns over Retail Acquisition's ability to continue to trade and fund both BHS
Duncan Wiggetts is to be ICAEW’s new executive director for professional standards
The Big Four firm has laid plans to increase its presence in Northern Ireland’s capital city