UHY Hacker Young unveils five year growth plan

UHY Hacker Young has announced plans to double the size of its team in the next five years.

Alongside this, the company is also aiming to allocate additional resources towards new technologies throughout the company.

Lately it is planning to commence both internal and external training programs, and expand office facilities to accommodate increased capacity.

The firm is currently tracking 15% ahead of its growth expectation having expanded by over 20% in the last year, and employing over 150 staff.

UHY’s corporate finance team has seen its own internal growth, more than doubling in size, having gone from 3 team members to 8 team members.

Throughout 2023, the corporate finance team has advised on 17 deals with a total value of £200m.

Peter Williams, corporate finance partner, said:“It has been a busy and exciting period for our Manchester Corporate Finance team who have advised on a number of transactions throughout the country over the last 12 months.

“We have started the current year with two completions, grown the team with two new team members and have a busy pipeline. With market conditions improving, I believe the outlook for owner-managed businesses is very positive for the rest of 2024.”

David Kendrick, chief executive officer, added: “I am delighted to welcome our new team members as the firm continues to grow. We are currently tracking ahead of our 5-year growth plan, by 15%, and continuing to grow the team brings additional capacity and depth to our offering. We understand that our focus on the team and helping everyone in our business prosper is critical to the long-term success of UHY.”