PracticeAccounting FirmsVantis buys non-audit business Brewer Higgins

Vantis buys non-audit business Brewer Higgins

Vantis has sealed a deal with Brewer Higgins to buy the non-audit business

Vantis,
the professional services and accountancy group, has signed a deal to acquire
the non-audit business
Brewer Higgins, an
established general practice firm based in Marlow, Buckinghamshire.

The cost of the acquisition will be £401,000 in cash and the balance,
anticipated at £727,000, payable over the next three years in cash, depending
on the performance and growth expectation of Brewer Higgins over that period.

Brewer Higgins’ unaudited profit and loss account shows the firm generated
profits attributable to partners of about £290,000, on turnover of about
£770,000, in the year ended 31 March 2007.

Vantis said the acquisition had enhancing synergies, extending Vantis’
regional presence in the Thames Valley and providing Brewer Higgins’ clients
access to a broader and more specialist range of services.

Further reading:

Profession shaken but not stirred over stock price
woes

Related Articles

BDO’s global revenues pass $8bn

Accounting Firms BDO’s global revenues pass $8bn

4d Alia Shoaib, Reporter
Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

Accounting Firms Top 40 International Networks, Associations and Alliances: Finding growth amid uncertainty

6d Philip Smith, Reporter
Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

Accounting Firms Top 40 International Networks, Associations and Alliances 2017: Big Four tussle for top spot

1w Emma Smith, Managing Editor
BDO reports revenue growth of 5.7%

Accounting Firms BDO reports revenue growth of 5.7%

2w Alia Shoaib, Reporter
Taylorcocks announces merger with Surrey firm

Accounting Firms Taylorcocks announces merger with Surrey firm

2w Emma Smith, Managing Editor
Kingston Smith reports 7% gender pay gap

Accounting Firms Kingston Smith reports 7% gender pay gap

2w Emma Smith, Managing Editor
RSM announces two partner promotions

Accounting Firms RSM announces two partner promotions

3w Emma Smith, Managing Editor
Backsourcing: The latest accountancy trend?

Accounting Firms Backsourcing: The latest accountancy trend?

1m Pillsbury Winthrop Shaw Pittman