Ashcroft unveils transaction and due diligence services

Cambridge-based boutique accountancy firm, Ashcroft Partnership, has announced the expansion of its corporate finance offering to provide its clients with additional transaction services and due diligence expertise. 

It is reported that the firm will now officially perform full scope pre-transaction and post-transaction services and due diligence work on behalf of buyers, sellers and lenders. The services include acquisition due diligence, vendor or sell-side due diligence, vendor assistance, sale and purchase agreement advice, as well as tax due diligence.

The expanded services follow an increase in nationwide corporate finance activity and the market demand for specialist support. 

The firm has also reportedly hired a new team to service this demand to existing and new professional partners and its clients. Robert Levett has been appointed to lead the new transaction services offering. 

Tom Gallop, partner and corporate finance lead at Ashcroft, said: “We have a strong reputation for completing mergers and acquisitions in the region; working closely with buyers, sellers and collaboratively with wider deal teams throughout each transaction to ensure our clients receive a tailored, seamless and valuable service. 

“It is a natural evolution of our corporate finance offering to now support our clients with due diligence.”

Dominic Anthony, partner at Ashcroft, said: “As advisors and auditors to entrepreneurs, we understand acquisition targets and use our knowledge to provide meaningful assurance and data. We are passionate about what we do and how we do it, which is why we have brought Robert on-board to grow our offering.”

Levett added: “At Ashcroft, we realise that every client and transaction is unique. That’s why we remain flexible in our approach to deliver the best possible outcomes for our clients. I am excited to be joining the well-respected corporate finance team at Ashcroft and delivering on our promise of being different.”