As the number of UK consolidators continues to grow, a raft of companies such as Amex and Newcastle-based accounting software giant Sage have been suggested as likely candidates to become next to join the fray.
Although the two parties have continued to deny any such plans, an informant told us that this particular roadshow, which was held in Edinburgh, featured an industry expert lecturing visitors on what consolidation involves, as well as what makes firms profitable.
Our source, added: ‘Like all forward-looking companies, Sage is interested in finding out exactly what people?s views are towards consolidation.’
So although Sage has not yet – and may never – show an interest in becoming a UK accountancy firm consolidator, TS now knows that, if any companies have the expertise to take on this kind of challenge, then Sage is certainly one of them.
Three new partners and seven business restructuring advisers have been appointed to the new Preston office
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
The Top 20 firm has recently advised J S Wright, the mechanical and electrical building services specialist
Promotions have been made in the private clients tax team and corporate business team