UK-based accounting and advisory services provider Dains has announced its expansion into the North West market with the acquisition of peer company Hurst.
Hurst is based at Stockport Exchange and works with clients across the UK and overseas markets.
It is led by managing partner Tim Potter, alongside Mike Jackson and Simon Brownbill.
Hurst has a team of 120 professionals and provides services spanning auditing, tax advisory, corporate finance and digital transformation.
Under the agreement, Hurst’s existing leadership team will remain in place and continue to oversee the development of the company, while accessing the broader resources, investment and expertise of the Dains Group.
Potter said: “Joining Dains seems like a natural next chapter for our business. We share a commitment to helping ambitious businesses grow and recognize in Dains the same drive to invest in people, technology and best-in-class customer service.
“This partnership enhances our ability to scale, innovate and support customers locally, nationally and internationally.”
The transaction is Dains’ first move into the Northwest and its sixth deal since receiving private equity investment from IK Partners.
It is also the 16th acquisition completed by the group since 2021, as it pursues its strategy of building what it describes as “the leading SME (small and medium-sized enterprise) advisory business in the UK and Ireland”.
The addition of Hurst strengthens Dains’ specialist capabilities in audit, advisory, digital transformation and outsourced finance.
The companies said the deal also creates room for further growth, driven by shared sector expertise, collaboration across regions and a combined focus on supporting businesses.
Richard McNeilly, chief executive of Dains, said: “Hurst is an exceptional firm with a reputation for quality, innovation and long-term client relationships.
“Their culture, values and ambitions closely reflect our own, and this acquisition marks an exciting next step in our growth story.”
“Dains Strengthens UK Presence with Hurst Acquisition” was created and originally published by International Accounting Bulletin, a brand owned by GlobalData.
The information contained on this site has been included in good faith for general information purposes only. It is not intended to be advice on which you should rely, and we make no representation or warranty, whether express or implied, as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action based on the content on our site.