Ridgefield Consulting, a chartered accountancy and business advisory firm, has announced the acquisition of chartered accountancy company Kench and Co for an undisclosed sum.
The deal, led by Simon Thomas, managing director at Ridgefield, represents the group’s fourth takeover since its incorporation in 2021.
A combined team of 21 will now serve a portfolio of 450 limited companies and 900 private clients as a result of the transaction.
Thomas said that Ridgefield has experienced “double digit organic growth” year-on-year since its most recent acquisition in 2015.
He added: “We always keep an eye out for firms which share our values and the strong reputation that Eric Kench built in Henley made his business an obvious fit for us.
“It’s even better that we can expand the area we cover, so that we can serve more clients with our unique brand of partnership and expertise.”
Ridgefield is looking to assist additional entrepreneurs commencing their business ventures by supporting their tax and accounting operations.
The group also aims to increase awareness and the number of claims for R&D tax credits across the country, while adding further staff members to the combined company.