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Mid-market accountancy firm, Sumer, has hit revenues of over £100m in just 12 months following its first acquisition.
The firm has over 40 offices and more than 1,000 colleagues, and has sustained its rapid growth trajectory with funding from Penta Capital and BlackRock.
Sumer intends to continue growth on its current trajectory, providing “best-in-class” services to the UK’s SME communities.
According to the firm, its mission is to champion smaller and medium-sized businesses through the provision of quality accountancy and professional services.
Sumer’s strategy is to form regional Hubs throughout the UK, focused exclusively on the SME market.
The Hubs announced so far include: Monahans in the South West; RMT Accountants and Business Advisors in the North East; RT Marke and Co in the South West; Jerroms in the West Midlands; Simmons Gainsford in London; Carpenter Box in the South; Cowgills in the North West; and EQ Accountants in Scotland.
Warren Mead, CEO of Sumer, said: “Sumer is shaking up the UK accountancy sector, and we’ve only just started. We’ve joined forces with outstanding regional firms who share our vision to champion entrepreneurs and owner-managed businesses.
“We are different because we are embedded in local communities, yet we’re able to provide our clients with the benefits of national scale.”
