Prime Accountants Group has announced the acquisition of Birmingham firm Stanley Yule following a period of sustained growth for both companies.
Stanley Yule is a firm of chartered accountants and registered auditors which has served predominantly small and medium-sized businesses throughout its near 100-year history.
According to the firm, it has joined forces to draw on its “greater resources” and further expand the service it offers to its clients.
The company’s three directors Ian Bidmead, Gulraj Mankoo and Birgitt Saunders will continue working for Stanley Yule, with Bidmead and Mankoo also joining the board at Prime.
Kevin Johns, managing director of Prime Accountants Group, said: “We are delighted to welcome Ian, Gulraj, Birgitt and the Stanley Yule team to Prime following a period of impressive growth. The business will continue operating under its own name as it becomes part of the Prime group and will have access to the extra resources we can offer.”
“Both businesses are in an excellent position to capitalise on the growth achieved this year and continue to expand into 2022.”
Bidmead added: “The partnership with Prime will enable us to continue to develop the business and offer even more value and advice to our clients going forward. The decision to partner with Prime was based on shared values, client approach and its excellent reputation.
“We are convinced that by pooling our knowledge, experience and resources we will ensure a continued outstanding service for our clients and we’re thoroughly looking forward to working with Kevin and his team.”