People Moves

Scottish firms Ritsons and Anderson & Co complete merger

The Anderson and Co team are transferring to work under the Ritsons brand and will retain the Banff office.

Anderson and Co, based in Banff, has announced it has completed a merge deal with Ritsons. 

The merger sees Anderson and Co’s team join Ritsons to serve communities across the North East of Scotland and the Highlands with accountancy and business advice.  

Deborah Newton, partner at Ritsons, first hired Arlene Anderson in 2001 and went on to support her through her chartered accounting training. Anderson developed her early career at Ritsons, before founding Anderson and Co. 

The Anderson and Co team are transferring to work under the Ritsons brand and will retain the Banff office, whilst also benefiting from access to Ritsons support in Buckie, Elgin, Forres, Inverness and Keith offices. Anderson is joining Ritsons as a partner. 

Newton said: “We are delighted to be welcoming Arlene, her team, and client base to Ritsons. Arlene’s vision and experience in using cloud computing to improve finance systems is invaluable as we support clients with new HMRC processes and making tax digital. 

“Our shared values and ethos of focusing on people and putting our team and clients first is an excellent base from which to build Ritsons success further.” 

Anderson said: “Ritsons has always felt like home, so while circumstances have seen me gain valuable experience elsewhere and ultimately build my own successful business, I’m excited to be back in the Ritsons team, in my new role as partner. 

“The accounting sector is going through significant technology driven change and I’m looking forward to working with the wider Ritsons team to capitalise on the opportunities in the industry.” 

Following Anderson joining as a partner has also resulted in parity between men and women at partnership level for the first time since the company was formed in 1909.

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