Wealth manager Evelyn Partners has acquired Tunbridge Wells-based Creaseys Group Limited for an undisclosed sum.
The accountancy and tax specialists Creaseys has a team of over 50 and offers a range of assurance, advisory and tax services to both businesses and individuals with particular expertise in advising private equity executives on their tax affairs.
Andrew Wilkes, chief professional services director at Evelyn Partners, said: “Strategically this acquisition will further develop our professional services presence in the South East of England, supporting our ambition of being able to provide our range of professional services to businesses and private clients right across the UK.
“It also enhances the wider Group’s expertise with Private Equity businesses and extends the office footprint in the South East, becoming our second location in Kent alongside Maidstone.”
To read more on this topic, visit: Evelyn Partners boosts professional services arm with M&A deal
Terry Shephard, partner and head of client relationships at Creaseys, added: “Creaseys is delighted to be joining Evelyn Partners to extend the offering in the South East of England. In discussions with the Evelyn Partners team, we felt both businesses had similar core values and an ethos of putting the client at the heart of what we do.
“Their range and depth of resource have been key to the decision, as was ensuring our clients continue to receive the premium service and experience they have come to expect.”
This latest deal is part of Evelyn Partners’ strategy to drive organic growth of its professional services arm through selective acquisitions.
The firm purchased Leathers LLP in February and Ashcroft Partnership LLP in April as part of the strategy.