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Anderson Anderson and Brown (AAB) has announced a merger with Leeds-based independent accountancy firm Sagars to expand its UK regional presence.
The group’s combined technology and talent, which includes 450+ team members across AAB and Sagars, will make for a portfolio of business services including audit, accounting, tax, payroll, HR, consulting, wealth and corporate finance.
According to AAB, the two firms are reportedly on track to deliver a combined £40m+ revenue in the current financial year with a “clear strategy in place” to deliver £70m group revenue by 2026.
The merger adds Leeds to its offices in Aberdeen, Edinburgh, Glasgow and London.
AAB said Sagars’ geographic presence will “further enhance the wider AAB Group as a key player in the accountancy and business services market in the UK”.
Graeme Allan, chief executive at AAB, said: “We have worked closely with Chris and the Sagars team over the last 10 years, and they are aligned with our way of thinking. Like us, they are driven by a passion for helping people (clients and team members alike) achieve their goals.
“We are hugely excited about the opportunity Sagars presents in Leeds and this merger enables us to support an even wider range of SME and enterprise clients across the UK.”
Chris Jones, managing partner at Sagars, said: “We are delighted to be partnering with AAB in the next phase of our growth journey. Through the merger we can achieve our goal of increasing the depth and breadth of the services we offer, whilst retaining an ability to shape our own future.
“We have no doubt that our complementary skills and service lines will mean that together, we will be able to do more for our clients, whilst providing great opportunities for all our team in a fast-growing business services group that is highly differentiated in the market.”
