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Today’s news in brief – 7/5/2024

Moore has promoted Gemma Roger and Robert Pluck to partner roles in its Peterborough office, recognizing their dedication and expertise in audit and accounts. Roger specialises in the education sector, while Pluck brings over 20 years of audit experience, reinforcing Moore’s commitment to talent development and client service.

Virgin Wines has appointed Azets as its auditor for the upcoming financial year, following a rigorous tender process. This decision follows the resignation of PwC and reflects Virgin Wines’ confidence in Azets’ sector experience and audit approach. The appointment is subject to shareholder approval at the 2024 annual general meeting, with PwC confirming no concerns related to its resignation.

Grant Thornton’s East of England corporate finance team has advised PJ Thory and Gemmix on acquiring quarry and concrete sites, expanding their operations. These acquisitions enhance PJ Thory’s position as a leading concrete supplier and follow Heidelberg Materials’ divestment mandated by the Competition and Markets Authority. Grant Thornton facilitated the complex transactions, supporting the companies’ growth strategies.

FRP has assisted Agathos Management LLP in its investment in Plowman Craven, a geospatial surveying company, facilitating its expansion globally. Agathos’ investment aims to support Plowman Craven’s growth in the US and Australia, alongside further acquisitions. FRP’s debt advisory team secures financing for the transaction, enabling Plowman Craven to capitalise on growth opportunities. The investment underscores Agathos’ commitment to supporting businesses through strategic acquisitions and buyouts.

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