New service launched to advise mid-tier firms on consolidation

The move comes after the recent launch of two rival consolidators, Tenon and Jobtel, which both intend to set up accountancy service businesses formed by a grouping of mid-tier and smaller firms. Both are currently talking to unnamed ‘interested parties’.

Both are seeking to create organisations of a size that would rival the Big Five and redraw the mid-tier league table.

Douglas Llambias has acted as lead adviser in numerous mid-tier mergers and small practice sales.

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