Montpelier builds with Auerbach Hope
Consolidator heads south for next acquisition
Montpelier, the Manchester based accountancy firm has expanded with the
acquisition of west London’s Auerbach Hope.
The deal means Montpelier will increase turnover to around £15.5m,
potentially taking the business among the largest 35 in the country with around
220 staff.
Auerbach Hope has specialised in high net worth individuals in fashion and
entertainment. It will trade as AH Montpelier. Partners will retain an interest
in the business.
Montpelier’s chief executive Robert Jackson said: “This give Montpelier a
valuable platform in London from which we can build our operations across the
South organically and through further acquisitions.”
Montpelier was formed in 2005 and has bought accountancy businesses in
northern and central England and in Scotland.
This year has seen other takeovers with Tenon acquiring Bentley Jennison for
£76m.
Read more:
Tenon
to acquire Bentley Jennison