Tenon acquires Aberdeen-based Skene & Co
Mid-tier firm boosts its Scottish offices and range of services
Mid-tier firm boosts its Scottish offices and range of services
Tenon has acquired Aberdeen-based accountancy firm, Skene & Co in a move
designed to boost its locally available services.
Skene & Co’s proprietor, Willie Skene, and his team of 16 staff will join
Tenon with immediate effect. The Tenon Recovery office in Aberdeen – comprising
four staff and headed by Iain Fraser – will relocate to the Skene offices over
the next few weeks.
Skene will become director in charge of the Aberdeen office and, together
with Iain Fraser and his staff, will form an office of more than 20 with an
annual fee income in excess of £1m.
Alan Newton, head of Tenon in Scotland, said: ‘Tenon is delighted to acquire
Skene & Co, which has an excellent reputation in the marketplace. This
acquisition strengthens the depth of service we are able to offer our clients in
Aberdeen and throughout the North East. We are very much looking forward to
working with Willie Skene and his team’.
Tenon Group’s previous acquisition of a Rochdale office and tax specialists
Premier Strategies helped boost its profits in the last quarter of 2004 by 25%.
The mid-tier firm, which specialises in private and owner-managed businesses,
now has about 300 staff in seven offices in Scotland and 1500 employees
throughout the UK.
In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...
View resourceIn recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...
View resourceIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceThe first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...
View resourceStatic budgets outdated. Embrace agile budgeting for a smooth year-end close and adapt to changing markets. Read More...
View articleSaffery Champness's strategic rebrand to "Saffery" reflects a bold step towards aligning its historic values with a modern, innovative ethos, fosterin...
View articleSumer’s CEO Warren Mead believes accountants have a responsibility to champion smaller and medium-sized businesses and that successful entrepreneurs a...
View articleMid-market firms experience largest percentage increase in fee income in 2023, as consultancy services start to become leading income streams for the ...
View articleBaker Tilly International has today announced record global revenues of US$5.2bn for the financial year ended 31 December 2023, up 11% on the previous...
View articleWhilst Small and Medium Enterprises (SMEs) account for around half of the turnover in the UK private sector[1], our own AAT research shows that over a...
View articleGrant Thornton UK as confirmed the appointment of Malcolm Gomersall as its new Chief Executive Officer. Gomersall, who has been with the firm for over...
View articlePersonas is an internal AI platform meticulously developed by BDO to boost productivity and streamline day-to-day tasks. Read More...
View article