CHANTREY VELLACOTT has acquired and merged Target’s former Reading office into its fold.
Vellacott will see its Reading office double in size to more than 50 staff members, with a fee income of £5m.
Around 25 former Target staff will relocate to Vellacott’s Queens Road office.
Former Target directors Richard Frett and Mike McAllister become partners of the firm.
Negotiations between the businesses have taken place since the end of 2011, after Target went into administration.
Mike Tovey, managing partner of Chantrey Vellacott DFK, said: ‘‘We have built a very successful business in the Thames Valley area and this move will allow us to further exploit opportunities in the region.
“The Target team had an attractive portfolio of clients which will increase our work in certain niche sectors while also bringing us some larger and exciting clients. Its special expertise in tax matters will also add to our offer in that area.”
Do you have an investigation looming large over you? Kingsley Napley's Julie Matheson goes through the best strategies to manage the process
Grant Thornton will conduct the audit of Tern following the resignation of Jeffreys Henry
The International Accounting Standards Board (IASB) have announced that Françoise Flores will join 1 January 2017
Kingston Smith has announced the promotion of James Moggeridge and Nick Thompson to directors