Evelyn Partners has expanded its footprint by acquiring Haines Watts’ offices in key northern cities. This acquisition is part of a strategic plan to enhance their professional services offerings.
The offices in Manchester, Leeds, and Newcastle, which cater to entrepreneurial businesses, are included in this significant transaction. This move brings together a competent team and aligns with Evelyn Partners’ growth strategy.
Evelyn Partners’ Strategic Expansion
In a strategic move, Evelyn Partners acquired Haines Watts’ offices located in the North of England. These offices are in Manchester, Leeds, and Newcastle. This acquisition forms part of Evelyn Partners’ plans to strengthen their footprint in the region by absorbing high-quality firms.
The acquisition brings on board over 150 colleagues, including five partners and nine directors from Haines Watts. This significantly boosts Evelyn Partners’ presence in the North East, North West, and Yorkshire. It aligns with their ongoing strategy to expand their professional services through acquisitions.
Background of Evelyn Partners
Evelyn Partners has been actively expanding its operations, having completed five other acquisitions since 2023. These include Leathers LLP, and firms like Ashcroft Partnership LLP, Creaseys, and Harwood Hutton. The aim is to broaden their service offerings while enhancing their ability to serve more clients effectively.
This indicates Evelyn Partners’ dedication to integrating reputable firms and expanding its geographical coverage. The focus remains on bringing in quality teams that align with their ethos of supporting business growth and providing exceptional services.
Haines Watts’ Reputation and Compatibility
Haines Watts is known for delivering comprehensive solutions to entrepreneurial, owner-managed businesses. Their expertise in providing top-notch tax and accountancy advice has been well recognized.
The existing Haines Watts team led by Donna Bulmer is reputed for maintaining strong client relationships through personalised service offerings. Their approach matches well with Evelyn Partners’ client-service philosophy.
The merger not only aims to enhance service capabilities but also creates promising career opportunities for the staff involved. This ensures continuity in service quality for clients transitioning to Evelyn Partners.
Statement from Evelyn Partners
Andrew Wilkes, Chief Professional Services Director at Evelyn Partners, expressed enthusiasm about the acquisition. He highlighted the excellent fit between the teams from Haines Watts and Evelyn Partners, ensuring continuity in high service standards.
Wilkes emphasised how the acquisition supports Evelyn Partners’ strategy to serve more business and private clients in the north of England.
Statement from Haines Watts
Donna Bulmer, Managing Partner at Haines Watts, stated her optimism about the merger. She recognised a strong cultural fit between the two companies, ensuring sustained high service levels and new opportunities for growth.
Bulmer noted that joining Evelyn Partners provides exciting prospects for both clients and staff, promising that the combined resources will drive enhanced service delivery.
Recent Developments and Future Prospects
The acquisition is Evelyn Partners’ sixth transaction this year, highlighting a dynamic expansion strategy aimed at decentralising operations across different regions. Their recent acquisition of Leathers LLP supports this approach.
For the future, Evelyn Partners looks forward to integrating their new teams smoothly and exploring further growth opportunities. The focus remains on maintaining the high quality of service that both Haines Watts and Evelyn Partners are known for.
The extended team is expected to drive significant growth and deliver enhanced value to clients across the North of England.
Conclusion of the Acquisition
The acquisition officially completes today, marking an important milestone in Evelyn Partners’ growth trajectory.
With this acquisition, Evelyn Partners continues its pursuit of expanding service and client reach across critical regions in the UK.
Evelyn Partners’ acquisition of Haines Watts’ northern offices is a strategic move that strengthens its presence and service capabilities in the North of England. By integrating quality teams and resources, Evelyn Partners ensures that their clients receive unmatched service and support.
