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.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel