Shah and Co, a family-run accountancy firm in Coventry, has announced its expansion after acquiring an established local practice, Tucker Accountancy and Bookkeeping Services.
The acquisition comes after Tucker’s managing director Chris Tucker announced his retirement.
It revealed the Tile Hill-based practice will be incorporated into Shah and Co’s portfolio, making it one of the “largest medium-sized accountancy firms in the city”.
According to Shah and Co, its co-founder and director Haren Shah agreed the purchase with Tucker, who sought a buyer after bringing his retirement forward by a year.
Shah founded the business with his wife Sonal in 1985 and expanded it with the help of his son Jay.
Shah said: “I have known Chris Tucker for many years and I wish the circumstances of this acquisition were different, but we feel extremely privileged that he has entrusted us with his clients.
“Our first job will be proving to our new clients that we offer an unrivalled one-stop accountancy service built on family values and cater for clients of different sectors and communities.”
He added: “As a medium-sized firm, we are able to provide the personal attention and fair prices that clients would struggle to find at large practices, and this puts us in an ideal position to provide services to businesses of all sizes.