Baker Tilly, the UK’s ninth-largest firm, has a fee income of around £80m a year, with around 140 partners and just under 700 professional staff.
It will be the dominant player in the merger with Harris Walters, a smaller firm that also produces the Strategic Planning Toolkit and Wealth Tracker software for smaller businesses.
The move comes as consolidation frenzy envelopes mid-tier accountancy firms. It was revealed last month that Oxfordshire-based mid-tier firm BKR Haines Watts, number 17 on the Accountancy Age Top 50 league table, has been approaching like-minded firms over recent months with a view to bringing them on board.
Reports of BKR’s intentions came just a week after Accountancy Age exclusively revealed Levy Gee was the leading player behind Numerica, a consolidator designed to build an integrated business services group.
More details on the Baker Tilly revelations will appear on AccountancyAge.com later.
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