An established Devon accountancy firm has recently expanded its footprint by acquiring an Exeter-based practice. This strategic move aims to enhance service capabilities and support local businesses.
The acquisition, spearheaded by R T Marke & Co, reflects a commitment to growth and excellence in the South West. The firm, leveraging its association with the Sumer Group, seeks to integrate resources effectively.
Expansion of Devon Presence
The acquisition of Kirk Hills Chartered Accountants by R T Marke & Co marks a significant expansion of their operations in Devon. The Bideford-based firm, a part of the Sumer Group, aims to enhance its service delivery by integrating Kirk Hills’ expertise and clientele. This strategic buyout, for an undisclosed sum, allows R T Marke & Co to solidify its presence and offer enhanced services in the region.
Integration of Teams and Resources
The successful merger brings together a total of 45 staff members across the Bideford and Exeter offices. Partners David Kirk, Adrian Hills, and Sarah Chamberlain, along with the Exeter team, have seamlessly transitioned into their roles at R T Marke & Co.
Mr. Kirk emphasised the benefits of this merger, highlighting the ability to maintain a proactive and forward-thinking approach to business advisory services. The collaboration aims to optimise the expertise and resources of both teams for the benefit of their clients.
Commitment to Client and Community
Kirk Hills’ long-standing reputation in the Exeter community complements R T Marke & Co’s dedication to service excellence. Both firms share a strong commitment to nurturing their respective teams and supporting their clients.
This merger is particularly focused on boosting support for SMEs in the region. The shared goal of assisting small and medium enterprises in growing their businesses unites these accountancy practices in purpose.
With a complementary client base, the combined firm is positioned to make a substantial positive impact on the entrepreneurial community in the South West.
Future Expansion Plans
Backed by Sumer Group, R T Marke & Co intends to further expand into other towns across Devon and Cornwall. This growth strategy is designed to better serve local businesses and support their development.
Sumer Group, a leading UK accountancy practice with a vast network of regional hubs, endorses this expansion. Their involvement brings a wealth of resources and industry expertise to the table, ensuring the sustainability and success of R T Marke & Co’s future plans.
Sumer Group’s Influence and Support
As a significant player in the UK accountancy sector, Sumer Group’s influence is evident through its 10 regional hubs and over 1,300 staff members. The group’s strategic support enables acquired firms like R T Marke & Co to leverage best practices and enhance their service offerings.
This integration is poised to enrich the accountancy landscape across Sumer’s network, which includes Carpenter Box, Cowgills, EQ Chartered Accountants, and various other esteemed firms.
Benefits to Local Businesses
Local businesses in Devon and Cornwall stand to gain immensely from this merger. The combined expertise of R T Marke & Co and Kirk Hills will provide a more comprehensive suite of services tailored to the needs of SMEs.
The enhanced capability to support entrepreneurs and small businesses will foster economic growth and innovation in these regions. The focus is on delivering superior client service and facilitating business success.
Concluding Remarks on Strategic Growth
In summary, the acquisition of Kirk Hills by R T Marke & Co represents a strategic move to strengthen their market position in South West England. With a focus on supporting local enterprises, this merger aligns with both firms’ long-term visions.
This integration is a testament to their commitment to providing high-quality accountancy services and supporting business growth in the community.
The expansion of R T Marke & Co through the acquisition of Kirk Hills Chartered Accountants highlights a significant growth opportunity. Their shared vision and combined expertise will undoubtedly benefit their clients and the local business community.
