Rotherham accountancy practice Haywood and Co, has merged with Sheffield headquartered chartered accountants Sutton McGrath Hartley (SMH) in a deal backed by Allied Irish Bank (GB).
The merger took place on 1 April 2019, with Haywood rebranding as SMH Haywood and Co. and will continue to operate out of their existing offices on Mansfield Road in Rotherham.
This is the latest in a series of mergers undertaken by SMH, who added a new Buxton office to its group in 2018, with further acquisitions planned in the near future.
James Hartley, managing partner of SMH said: “We’re delighted to welcome Haywood and Co into the SMH Group. This is a fantastic opportunity for both firms to grow to the next level, enabling SMH to further establish its position in the Rotherham area, and for Haywood and Co to offer their clients an all-round financial service. Clients in Rotherham will now have access to our personal financial services such as pension and investment advice, and assistance with wills & probate and Inheritance tax planning.
“We opened our existing Rotherham office in 2016, initially to focus on our wills & probate services, so this move will allow us to develop our chartered accountancy services to the thriving business community in the town. Our long term plans focus on developing the SMH brand in different towns across the region, so it is very much a case of ‘watch this space’ with regards to further announcements.”
Joe Midgley, managing partner of Haywood and Co, added: “Having joined Haywood and Co in 1966, it is the right time to start phasing in my retirement. We’re delighted to join forces with SMH, a local firm that has a similar ethos and client focus to ourselves. They’re the perfect fit to ensure we can take Haywood and Co to the next level.
“It is very much business as usual for us – all the current staff will still be on hand to provide their usual services to our clients, but we now have the resources of a larger firm to ensure we can offer the best all round service for all our clients’ business, personal and family financial requirements.
He added: “Myself, and fellow partners at Haywood and Co, Paul Hebblethwaite and Andrew Jackson will be continuing as consultants following the merger, so will be on hand to ensure there is consistency for our clients going forward.”
As a result of the merger the SMH Group now has over 65 employees, and also increases its geographical reach into north Yorkshire, taking on the Haywood and Co Knaresborough office as part of the deal.