PracticeAccounting FirmsPKF snaps up Pridie Brewster

PKF snaps up Pridie Brewster

PKF strengthens position in the South-East with Pridie Brewster deal

PKF has bolstered its position in the South-East of England by acquiring
rival firm Pridie
Brewster
, which has offices in Guildford, Twickenham, Alton and
London, for an undisclosed fee.

The deal is expected to add £7m to PKF’s revenues, which came in at £116.8m
for the year to the end of March 2006. This will move PKF closer to its nearest
rival Smith & Williamson, which has annual revenues of £136.9m.

Pridie Brewster partners and staff in Guildford, London and Twickenham will
move into PKF premises, while Alton will join PKF’s existing network of 22
offices.

PKF
national managing partner,
Martin
Goodchild
said Pridie Brewster and PKF had ‘complementary skills’
which would ensure ‘a smooth transition’ to a single firm.

‘This combination creates an enlarged team with the financial and business
advisory skills to further develop the South-East market,’ Goodchild said.

Pridie Brewster managing partner, Richard Faulkner said the deal would
increase the firm’s market share in the region.

PKF is currently ranked No.9 in the Accountancy Age Top 50.

Further reading:

German move blazes trail for Big Four

See the Accountancy Age top 50
here

Disappointing figures released by PKF

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